Fuel prices are seeing fresh adjustments at the pumps, with some Oil Marketing Companies (OMCs) increasing rates while others maintain stability.
At Goil, petrol is now selling at GH¢12.90 per litre, up from GH¢12.88, while diesel has dropped from GH¢14.30 to GH¢13.90.
Shell recorded a sharper jump, raising its petrol price from GH¢12.89 to GH¢13.59 per litre.
In contrast, market leader Star Oil has opted to hold prices steady until September 15, 2025, keeping petrol at GH¢12.77 per litre and diesel at GH¢13.35.
The Chamber of Oil Marketing Companies (COMC) had earlier projected upward adjustments, estimating petrol prices could rise between 3.86% and 5.40%, reaching as high as GH¢13.67 per litre.
Diesel was expected to hit GH¢14.35 per litre, while LPG could increase by up to 4.57% per kilogram.
According to the Chamber, the main driver of the hikes is the cedi’s sharp depreciation against the dollar, sliding from GH¢10.71 to GH¢11.20 in just a month, its steepest fall this year.
The Chamber also cited supply challenges in the local market and the recently introduced GH¢1 levy on petroleum products as additional pressures, despite declining crude oil prices internationally.
Source: Myxyzonline.com
