Consumers of petroleum products may experience modest relief at the pumps in the second pricing window of April, following newly released price floors by the National Petroleum Authority (NPA).
The revised benchmarks indicate slight reductions in petrol and diesel prices, while Liquefied Petroleum Gas (LPG) continues its upward trend.
Under the updated pricing guidelines:
- Petrol is expected to sell at a minimum of GH¢13.27 per litre, down marginally from GH¢13.30 in the first pricing window — a reduction of 0.3 pesewas
- Diesel sees a more notable decrease, dropping to GH¢16.10 per litre from GH¢17.10, representing a GH¢1.00 reduction
- LPG has increased slightly to GH¢10.79 per kilogram, up from GH¢10.71
The adjustments signal a downward trend for petrol and diesel, offering some relief to motorists and transport operators, even as LPG prices continue to inch upward.
Under Ghana’s petroleum pricing framework, the price floor represents the minimum rate at which Oil Marketing Companies (OMCs) and LPG Marketing Companies (LPGMCs) are allowed to sell fuel products.
However, the final pump prices consumers pay may differ, as the price floor does not include:
- Premiums charged by International Oil Trading Companies (IOTCs)
- Operating margins of Bulk Import, Distribution and Export Companies (BIDECs)
- Marketers’ and dealers’ margins
These components are determined independently by the respective industry players in line with the Petroleum Products Pricing Guidelines.
The new pricing regime comes ahead of an anticipated government announcement on the suspension of selected taxes and margins in the upcoming pricing window, which begins on April 16, 2026.
The expected intervention is aimed at cushioning consumers against persistent fuel price pressures and stabilising the cost of living.
Despite the marginal reductions, fuel prices remain sensitive to global developments. Recent increases have been largely driven by geopolitical tensions in the Middle East, which continue to impact global crude oil supply and pricing.
These external pressures often translate into fluctuations in domestic fuel prices, given Ghana’s reliance on imported petroleum products.
While the latest adjustments offer some short-term relief—particularly for diesel users—analysts caution that price stability will depend on:
- Global crude oil price movements
- Exchange rate fluctuations
- Government policy decisions on taxes and levies
For now, consumers can expect slightly lower petrol and diesel prices in the coming days, with further changes likely as global and domestic conditions evolve
