Prices of Petrol and LPG to go up; Diesel to fall from August 16

The prices of petrol and Liquefied Petroleum Gas (LPG) are expected to go up marginally from August 16, 2025. However, that of diesel is expected to go down from this weekend.

This is based on the outlook report that guides the pricing of the Oil Marketing Companies (OMCs) in the country, by the Chamber of Oil Marketing Companies (COMAC).

Projected Prices at Pumps

According to the report, the price of petrol at the pumps is projected to increase by 0.39 -2.71% per liter from August 16, 2025.

LPG will be increased by up to 2.34 percent per kilogram.

However, that of Diesel will be reduced by 0.72 percent per litre.

Reasons

According to the COMAC, the mixed pricing outlook has been influenced by the cedi experiencing some slight depreciation against the US dollar.

“The rate shifted from GHC 10.68 to GHC 10.77, reflecting a 0.8% decline” the chamber pointed out in the report.

The Chamber of Oil Marketing Companies also added that projected pump increase aligns with global market trends, , with minimal increases expected for petrol and LPG.

There have also been some mixed prices for that of crude oil on the international market.  Diesel for instance, fell sharply at 5.22, while that of Petrol and LGP rose marginally by 1.89% and 2.87%, likely due to product-specific demand and supply factors.

Some of the industry players have argued that the recent 1 cedi levy on some petroleum products, did impact the expected price increase from August 16.

However, the Chief Executive of the Chamber of Oil Marketing Companies has told JOY BUSINESS that he expects prices to be fairly stable for the next pricing window, beginning September 2025.

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