The national petroleum authority (npa) has unveiled fresh minimum pump price thresholds for petroleum products covering the first pricing window of march 2026, spanning march 1 to 15.
under the updated floor, petrol climbs from ghc 10.24 recorded in the february 16 window to ghc 10.46 per litre. diesel also edges up from ghc 11.34 to ghc 11.42 per litre.
in contrast, lpg records a slight dip, falling from ghc 9.43 to ghc 9.38 per kilogram.
with the revised benchmarks in place, no oil marketing company (omc) or lpg marketing company (lpgmc) is allowed to trade below the sanctioned minimum prices within the period.
firms currently retailing beneath the new levels are expected to revise their pump prices upward to align with the directive.
some companies that had hoped to keep prices unchanged may now be compelled to implement increments due to prevailing market dynamics.
the npa rolled out the price floor mechanism in april 2024 to curb unhealthy price competition, safeguard market balance, and promote openness, equity, and long-term viability within ghana’s downstream petroleum industry.
figures from the chamber of oil marketing companies (comac) suggest petrol prices could surge by 2.89%, pushing rates to about ghc 12.04 per litre, while diesel may rise by 0.86% to roughly ghc 13.22 per litre.
Source: Wesleyannews.com
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