Petrol Price Projected to Rise to GH¢16.26, Diesel to GH¢19.07 From Wednesday – COPEC
Petrol Price Projected to Rise to GH¢16.26, Diesel to GH¢19.07 From Wednesday – COPEC
The Chamber of Petroleum Consumers (COPEC) has projected an increase in fuel prices, with petrol expected to sell at an average of GH¢16.26 per litre and diesel at GH¢19.07 per litre from Wednesday, September 16, 2026.
According to COPEC, the projected petrol price represents a 4.24% increase from the current average price of GH¢15.60 per litre.
Diesel is expected to record a higher increase of 10.23%, moving from the current average of GH¢17.30 to GH¢19.07 per litre.
COPEC attributed the expected increases mainly to a significant rise in international crude oil prices and refined petroleum product prices.
The Chamber said the global price of crude oil increased from $89.30 to $103.07 per barrel during the latest pricing window.
It further indicated that the international Free-On-Board (FOB) price of petrol increased by 10.08%, from $1,136.50 to $1,251.07 per metric tonne. Diesel also recorded a 12.33% increase, rising from $1,250.50 to $1,404.73 per metric tonne.
Meanwhile, the Ghanaian cedi recorded a marginal appreciation of 0.29% against the US dollar, moving from an average interbank rate of GH¢11.5166 to GH¢11.4830 to the dollar.
COPEC also expects Liquefied Petroleum Gas (LPG) to sell at GH¢15.32 per kilogramme, following a 16.45% increase in its international FOB price.
To ease the impact on consumers, the Chamber has appealed to the government to extend its subsidy intervention. It proposed a GH¢1 per litre relief for petrol consumers while maintaining the existing GH¢2 per litre subsidy on diesel.
COPEC has also called on Oil Marketing Companies (OMCs) to consider reducing their margins to help cushion consumers against the expected fuel price increases.
