Fuel Prices Set to Change From September 1, New Figure Emerges

• The Chamber of Petroleum Consumers Ghana projected marginal pump price increases for petrol, diesel and LPG from September 1, 2026
• COPEC attributed the expected rises to shifts in global refined petroleum product prices despite a strengthening Ghana cedi
• Petrol could reach GH¢16.21 per litre while diesel may climb to approximately GH¢17.61 per litre at the pumps

Ghanaian motorists and households that rely on liquefied petroleum gas could face higher fuel costs from the start of September, following new projections released by the Chamber of Petroleum Consumers Ghana (COPEC).

According to a myjoyonline.com report published on August 31, 2026, COPEC forecast marginal increases in pump prices for petrol, diesel and LPG, with the adjustments expected to take effect from Tuesday, 1 September 2026.

Why pump prices are expected to rise

The projected increases come despite two developments that would ordinarily ease pressure on fuel costs.

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Global crude oil prices dipped from $90.41 to $89.30 per barrel during the current pricing window, and the Ghana cedi gained ground against the US dollar, with the average interbank rate moving from GH¢11.800 to GH¢11.5166 per dollar, representing an appreciation of approximately 2.39%.

However, COPEC explained that shifts in the Free-On-Board (FOB) prices of refined petroleum products are the primary driver of the expected upward movement at the pumps, offsetting gains on both the currency and crude oil fronts.

Projected prices for petrol, diesel and LPG

Petrol is expected to sell at around GH¢16.21 per litre, up from the current mean pump price of GH¢15.43 per litre, which amounts to an estimated 5% increase.

Diesel is projected to rise to approximately GH¢17.61 per litre, compared with the current mean of GH¢17.17 per litre, reflecting an estimated 2.58% uptick.

LPG consumers are also likely to feel the impact, with COPEC estimating a new price of around GH¢14.19 per kilogramme, a marginal increase on the current rate.

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COPEC noted that the exact prices consumers pay will ultimately depend on what individual oil marketing companies decide to charge at their respective stations from the beginning of September.

COPEC and COMAC project an increase

Earlier, YEN.com.gh reported that fuel and other petroleum product prices are expected to rise from Tuesday, September 16, 2025.

This is according to the Chamber of Petroleum Consumers (COPEC) and the Chamber of Oil Marketing Companies (COMAC).

According to COPEC’s projections, petrol prices are expected to increase by 3.98%, diesel by 9.41%, and Liquefied Petroleum Gas (LPG) by 7.65%.

Source: YEN.com.gh