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BusinessHeadlines

Fuel prices to rise marginally from October 1 – COMAC projects

Petrol, diesel, and LPG prices are projected to rise between 0.35% and 4% from October 1–15, driven by global price hikes and a weaker cedi.

Risa Wyettey Cofie By Risa Wyettey Cofie Published September 30, 2025
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Fuel prices at the pumps are projected to see marginal increases in the first pricing window of October 2025, according to the latest outlook by the Chamber of Maritime and Petroleum Consumers (COMAC).

The projection shows petrol, diesel, and liquefied petroleum gas (LPG) prices could rise between 0.35% and 2.47% for petrol, 1.36% and 3.41% for diesel, and 2.01% and 4.01% for LPG between October 1 and 15, 2025.

COMAC attributes the expected increases to rising international product prices and the seasonal depreciation of the cedi. The report notes that the cedi fell from GHS12.07 to GHS12.40 per dollar, a 2.74% drop in the period, bringing total losses in the third quarter to 15.09%.

Brent crude oil prices reversed a recent dip, rising 1.57% from $67.39 to $68.45 per barrel, with forecasts indicating a rebound to $70 per barrel. The increase is being driven by heightened geopolitical risks and renewed supply concerns.

READ: Foreign Affairs Ministry announces international scholarships, cautions against middlemen

On the international market, product prices recorded respective increases of 0.89% for petrol, 2.49% for diesel, and 3.37% for LPG.

From October 1, 2025, ex-pump prices (cash purchase) are projected as follows:

  • Petrol: GHS14.22 per litre (0.35% change)
  • Diesel: GHS14.87 per litre (1.36% change)
  • LPG: GHS15.25 per kilogram (2.01% change)

For credit purchase, the projected prices are:

  • Petrol: GHS14.52 per litre
  • Diesel: GHS15.17 per litre
  • LPG: GHS15.55 per kilogram

Floor prices for the window are set at GHS11.98 for petrol (2.04% rise), GHS12.43 for diesel (3.24%), GHS9.93 for LPG (2.80%), GHS11.54 for MGO Local (3.54%), and GHS9.89 for kerosene (4.21%).

COMAC noted that both the rising global prices and the depreciating cedi are expected to play a major role in the projected increases at the pumps.

Below is a copy of the price outlook:

Source: Starrfm.com.gh

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TAGGED:cedi depreciationCOMACFuel pricesLPGpetrol prices Ghana
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By Risa Wyettey Cofie
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Risa Wyettey Cofie is passionate about discovering and telling stories, inspiring growth, building sought-after personal brands, and impacting lives. She’s an Author, a Digital Journalist, a Personal Brand Manager, and a Social Impact Advocate. She’s also a Web Content Manager at EIB Network; and the Founder of Star Your Brand, Today’s Youth Africa, Damsels on Fire Tour and Ghana Needs Peace Campaign.
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