Prices at fuel pumps are expected to edge higher from Tuesday, September 1, 2026, according to the Chamber of Petroleum Consumers Ghana (COPEC). The projected hikes are expected to touch petrol, diesel, and liquefied petroleum gas (LPG) alike.
COPEC attributes the anticipated adjustments mainly to shifts in international petroleum product prices, even as the Ghana cedi has recently gained ground against the US dollar. The chamber’s analysis found that global crude oil prices dipped slightly, from $90.41 to $89.30 per barrel, during the current pricing window.
Meanwhile, the cedi strengthened against the dollar, with the average interbank rate improving from GH¢11.800 to GH¢11.5166, an appreciation of about 2.39%.
Even so, COPEC says movements in the Free On Board (FOB) prices of refined petroleum products are expected to drive pump prices upward. Petrol is projected to sell for around GH¢16.21 per litre, an estimated 5% jump from the current average pump price of GH¢15.43.
Diesel is expected to rise to about GH¢17.61 per litre, roughly a 2.58% increase over its current average of GH¢17.17. LPG is also forecast to see a modest rise, with COPEC projecting a price of approximately GH¢14.19 per kilogramme.
The anticipated changes mean motorists and LPG users could see higher costs at the pumps from the start of September, though final prices will depend on what individual oil marketing companies set.