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Business & Economy

Fuel Prices Hold Steady in First Pricing Window Despite Earlier Projections

Fuel prices remain unchanged as August’s second pricing window opens, despite projections for slight shifts. Adjustments may still come next week, or pumps could stay steady longer

OMCs Ease Petrol Prices After Holding Steady Earlier in August
Solomon Boakye
Aug 2, 2025

Fuel prices at the pump have held steady as the first pricing window for August 2025 begins, even though market projections suggested some shifts could occur this week.

A check of prices across major Oil Marketing Companies (OMCs) shows that rates remain unchanged from the last window. Leading brands like TotalEnergies, Shell, Goil, and Star Oil continue to post petrol between ₵12.50 and ₵13.30 per litre, while diesel prices range from ₵12.67 to ₵14.50. For premium products, the handful of OMCs that sell them, such as TotalEnergies and JP, have also kept prices as they were.

The stability contrasts with an outlook report from the Chamber of Oil Marketing Companies (COMAC) released on July 31, which projected a slight price movement for this window. The report forecast a marginal 0.47% increase in petrol, alongside a potential drop of up to 0.29% for diesel and 1.80% for LPG.

Despite those projections, OMCs have chosen to hold prices steady for now. According to industry chatter, that decision reflects a mix of factors: steady crude oil prices on the international market, a stable Ghana cedi, and the desire to keep pump prices predictable for motorists while companies wait for new shipments to land.

The Ghanaian fuel market operates on a bi-weekly pricing window system, where prices are reviewed every two weeks based on world market trends, forex rates, and local stock levels. While the system allows for quick adjustments, it also gives OMCs flexibility to delay changes if market conditions look uncertain.

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For now, that flexibility means drivers aren’t seeing any new price tags at the pump. Petrol is still selling for as low as ₵11.50 at some stations like Viggo and as high as ₵13.30 at TotalEnergies. Diesel prices also remain spread across a wide band, from ₵12.67 at JP to ₵14.50 at TotalEnergies.

What happens next is less clear. The first pricing window has opened quietly, but that doesn’t rule out movement in the days ahead. 

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