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, the price of diesel is expected to decrease 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).

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, the reduction for diesel will be 0.72 percent per liter.

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 the projected pump price increase aligns with global market trends, with minimal increases expected for petrol and LPG.

There have also been some mixed prices for crude oil on the international market. Diesel, for instance, fell sharply to 5.22, while that of petrol and LPG 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 Chamber of Oil Marketing Companies has told JOY BUSINESS that it expects prices to be fairly stable for the next pricing window, beginning September 2025.