Fuel prices in Ghana have taken a welcome dip, easing pressure on drivers and households alike. According to data from CediRates.com, the average price of petrol now stands at GH₵12.70 per litre, compared to GH₵15.22 just three months ago. That marks a significant 16.6% drop over the period.
For a typical 50-litre tank, the current cost to fill up is around GH₵635, down from GH₵761 in March, a savings of GH₵126 per refill.
Diesel prices have followed a similar path, with average costs dropping across most Oil Marketing Companies (OMCs). The shift reflects a combination of global crude price stability and the relative strengthening of the Ghana cedi in recent months.
But while drivers are spending less at the pump, the benefits are not being distributed evenly across the transport sector. A market-wide breakdown of current prices across major OMCs shows a highly competitive environment, with some brands offering substantial savings.
Budget-tier suppliers like JP, StarOil, and Puma are now selling petrol at GH₵11.77 per litre, well below the average.
Mid-tier companies such as Goil (GH₵12.52), TotalEnergies (GH₵12.40), and Shell (GH₵12.49) also remain competitive. In contrast, premium stations like Bloom (GH₵14.45) and Yass (GH₵14.19) are charging significantly higher prices, reinforcing the idea that fuel cost relief is heavily brand-dependent.
Diesel prices mirror this variation, ranging from GH₵12.49 to GH₵15.35 per litre. This diversity in pricing creates room for cost efficiencies, especially for high-mileage drivers like ride-hailing operators.
And yet, despite these drops, ride-hailing platforms like Uber, Bolt, and Yango have kept their fares unchanged, even as their drivers benefit from significantly reduced fuel costs.
In the meantime, while it’s cheaper than ever to fill your tank in mid-2025, the cost of simply getting from one place to another remains uneven depending on how, and with whom, you travel.
