Fuel Prices Expected to Go up Significantly From September 1 as Cedi Weakens
Fuel prices are set to go up significantly from Monday, September 1, 2025, per assessments from some stakeholders.
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The Oil Marketing Companies (OMCs) in the country by the Chamber of Oil Marketing Companies (COMAC), have outlooks of fuel price increases.
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Joy News reported that these stakeholders expect fuel prices to increase by 3.86 to 5.40% per litre.
The development could result in a litre of petrol going for GH¢13.67.
Liquid Petroleum Gas will be increased by up to 4.57% per kilogram.
Diesel, on the other hand, could go up 3.39% per litre, and this may result in a litre going for GH¢14.35.
According to the Chamber of Oil Marketing Companies, the hike has been influenced by the cedi experiencing some substantial depreciation against the US dollar over the past month.
According to the chamber, the rate shifted from GH¢ 10.71 to GH¢11.20, reflecting 3.98%, the “highest since the start of this year”.
The Chamber of Oil Marketing Companies, however, in the report revealed that crude oil on the international market has been dropping; the price of petrol was down by 0.45%, diesel by 3.73%, and LPG by 1.73%.
Additionally, the recurring shortfall in supply of finished petroleum products, particularly petrol from earlier this month, also accounted for the increase in prices.
Source: YEN.com.gh
