Petrol and diesel prices to go up by 2% and 1.1%; LPG to decrease by 0.3% for the first Pricing window of April 2025, according to the Chamber of Oil Marketing Companies (COMAC).
Transport operators are urged to brace up for an increment in diesel and petrol.
The largest adjustment is attributed the cost of crude oil which experienced a slight ascent, from
$71.94/BBL to $72.57/BBL, marking a 0.86% increase.
Oil prices rose as tightening supply outweighed concerns over a growing trade war that could reduce global energy demand.
According to COMAC, despite the rise in crude oil prices, international product prices showed mixed trends. Petrol prices rose by 4.15%, while diesel and LPG experienced declines of 1.87% and
0.51%, respectively.
CEDI PERFORMANCE
According to the chamber, the Ghanaian cedi experienced a slight appreciation against the US dollar in late March 2025, reflecting a 0.07% gain. Although the cedi depreciated by 5.3% in the
first quarter of 2025, it has recently recovered 0.31% in the international market, supported by central bank interventions, to stabilize the currency.
Fuel prices dropped for the third consecutive time in the second pricing window of March 2025.
