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Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.
Consumers should brace themselves to pay more for petroleum products in the coming days.
This is because the National Petroleum Authority (NPA) has released the price floor for August 1 to 15, 2026, suggesting a likely increase in fuel prices.
Based on the price floor, diesel may witness the highest increase in the new price window, as it has moved from GH¢14.35 to GH¢16.97 per litre.
Petrol, on the other hand, could be going up by more than 9.0%, as it has increased to GH¢14.53 from GH¢13.28. LPG will also now sell at GH¢11.06.
The NPA in the notice reminded all industry players, including Oil Marketing Company (OMCs) and LPG Marketing Company (LPGMC), not to sell petroleum products below the approved price floor during the pricing window.
Source: newsthemegh.com