As October 2025 begins, fuel prices in Ghana have edged up slightly at the pumps, largely in line with earlier projections by the Chamber of Oil Marketing Companies (COMAC).
Petrol was expected to rise by up to 2.47%, potentially reaching around ₵14.52 per litre, while diesel was projected to increase between 1.36% and 3.41%, bringing prices closer to ₵15.17 per litre. Liquefied Petroleum Gas (LPG) was also forecast to climb by 2.01% to 4.01%.
The price adjustments are being driven by rising international product costs and the continuing depreciation of the Ghana cedi, which fell from ₵12.07 to ₵12.40 per dollar, during the review period, representing a 2.74% drop and bringing total third-quarter losses to 15.09%.
Crude oil prices also ticked up slightly, rising from $67.39 to $68.45 per barrel, with forecasts suggesting a rebound toward $70 per barrel, fueled by renewed geopolitical risks and supply concerns.
Market checks by The High Street Journal reveal that major oil marketing companies have largely followed these projections.
Shell increased petrol from ₵12.89 to ₵13.44, diesel from ₵13.89 to ₵14.18, and premium fuel from ₵14.99 to ₵15.29.
TotalEnergies raised petrol from ₵12.88 to ₵13.34, while diesel remained steady at ₵14.40.
Star Oil also raised petrol from ₵12.77 to ₵13.17, with diesel unchanged at ₵13.45. Meanwhile, GOIL held its prices steady from the levels set on September 23, with petrol at ₵13.38, diesel at ₵14.20, and premium fuel at ₵15.25.
The mixed adjustments across companies suggest that while most OMCs are aligning with projected increases, a few are maintaining existing prices, possibly to remain competitive or manage customer expectations.
