The Chamber of Petroleum Consumers (COPEC) has projected sharp increases in fuel prices across the country from the second pricing window of September 2025, beginning Tuesday, September 16.
According to COPEC, petrol prices will rise by 3.98%, diesel by 9.41%, and liquefied petroleum gas (LPG) by 7.65%.
Petrol is expected to sell at an average of GHS13.61 per litre, up from GHS13.09. Diesel is projected to reach GHS14.08 per litre from GHS13.32, while LPG is expected to sell at an average of GHS12.52 per kilogram.
The increases are attributed mainly to the sharp depreciation of the cedi against the US dollar, which fell by 8.62% within the current pricing window, moving from GHS11.03 to GHS12.07 per dollar. This, COPEC explained, has offset the marginal drop in global crude oil prices, which declined by 0.52% from $67.67 to $67.32 per barrel.
“In conclusion, it is the expectation of COPEC that the various Oil Marketing Companies try to absorb some portions of these upward adjustments by shelving some of their margins in order not to overburden the consumer with these expected steep pricing adjustments,” COPEC’s Executive Secretary, Duncan Amoah, said in a statement issued on September 15.
Click here to read the statement by COPEC
