The Chamber of Petroleum Consumers (COPEC) has announced an increases in fuel prices across pumps effective Monday, September 1, 2025.
In its press release, COPEC stated that petrol is expected to rise by 1.99% to an average retail price of GHS12.73 per litre, while diesel will increase by 1.54% to GHS13.81 per litre.
Liquefied Petroleum Gas (LPG) is also projected to experience a slight adjustment of 0.84%, pegged at an average of GHS11.63 per kilogram.
According to COPEC’s analysis, these projections are influenced by a 3.69% drop in crude prices from $70.28 to $67.67 per barrel, alongside a 2.33% depreciation of the cedi against the US dollar, moving from GHS10.771 to GHS11.0282.
Additionally, the newly introduced Energy Sector Shortfall and Debt Repayment Levy of GHS1 has been factored into the pricing.
The chamber explained that while international Free on Board (FOB) prices of petrol, diesel, and LPG all recorded marginal declines, exchange rate pressures and levies combined to push retail prices upward.
COPEC emphasized that the expected changes fall within a ±5% error margin, with petrol likely to sell between GHS12.09 and GHS13.36 per litre, diesel between GHS13.12 and GHS14.50 per litre, and LPG between GHS11.04 and GHS12.21 per kilogram.
However, the chamber noted that these increments are materially insignificant and expressed hope that Oil Marketing Companies (OMCs) will keep pump prices stable despite the projected adjustments.
