Fuel Price Increases

Petroleum products have seen a slight rise at various fuel stations during the second pricing window, which began on March 16, 2026.

Some Oil Marketing Companies (OMCs), including Star Oil, have adjusted their prices, now selling petrol at GH¢12.49 per litre and diesel at GH¢15.99 per litre, compared to the previous GH¢14.36.

At GOIL, petrol is currently priced at GH¢11.57 per litre, while diesel sells at GH¢14.35 per litre. This reflects a marginal increase from the earlier GH¢11.56 for petrol and GH¢12.88 for diesel.

Industry analysts attribute these increments to ongoing geopolitical tensions in the Middle East, which have disrupted global supply chains and driven international petroleum prices higher.

Refined product prices on the global market have surged significantly with diesel up by 43%, LPG by 23.96% and petrol up by 19.41%.

Crude oil prices also spiked in mid-March 2026, rising from $71.41 to $86.55 per barrel, further fueling the upward trend in local pump prices.

Source: ghanaweb

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