While the Chamber of Oil Marketing Companies (COMAC) had projected small increases in petrol and LPG prices and a slight decline in diesel, most oil marketing companies (OMCs) have kept their fuel prices unchanged this week.
Petrol prices at leading suppliers such as TotalEnergies, Shell, Goil, and Petrosol remain steady at around GH¢12.88 to GH¢12.98 per litre, while diesel ranges from GH¢14.09 at Puma to GH¢14.48 at Petrosol. Premium fuel is unchanged at most stations, with TotalEnergies selling at GH¢16.87 and Shell at GH¢14.99 per litre.
Goil was the only major supplier to adjust prices, reducing diesel from GH¢14.38 to GH¢14.30 per litre. Meanwhile, lower-cost stations such as So Energy, Zen, Unicorn, and StarOil continue to offer petrol below GH¢12 per litre, giving consumers some relief at the pumps. For example, So Energy and Zen sell petrol at GH¢11.99 per litre, while StarOil prices its petrol at GH¢11.97. Diesel at these stations ranges from GH¢12.99 to GH¢14.05 per litre.
The COMAC Pricing Outlook had forecast petrol increases between 0.39% and 2.71% per litre, LPG hikes up to 2.34% per kilogram, and a modest diesel decline of 0.72% per litre.
The mixed outlook was attributed to the cedi’s slight depreciation, from GH¢10.68 to GH¢10.77 to the US dollar, and international trends showing diesel prices falling 5.22%, while petrol and LPG recorded marginal increases of 1.89% and 2.87%, respectively. Analysts also note that the recent GH¢1 levy on petroleum products has added pressure on pump prices.
For now, Ghanaian motorists can breathe a small sigh of relief as most OMCs maintain stable prices, even as global market trends and local currency fluctuations continue to influence fuel pricing.
