Fuel prices are expected to see mixed changes at the pumps from June 1, 2026, according to the latest pricing outlook released by the Chamber of Oil Marketing Companies (COMAC).
Petrol prices are projected to increase by between 4.2% and 6.2%, pushing the pump price to about GH¢15.92 per litre.
LPG is also expected to rise by up to 2.24%, with prices reaching around GH¢17.30 per kilogram.
Diesel, however, is expected to become slightly cheaper, with prices falling by between 1.65% and 2.0% to about GH¢17.21 per litre.
COMAC attributed the mixed pricing outlook to movements in global petroleum prices, the recent depreciation of the cedi, and ongoing government-industry interventions aimed at cushioning consumers from sharp price increases.
The Chamber noted that the joint government-industry pricing support measures, extended from May 16, continue to moderate fuel price adjustments.
Under the revised arrangement, the intervention on petrol has been removed, while support for diesel has been reduced to GH¢1.07 per litre.
On the international market, crude oil prices eased slightly in late May, while refined petroleum products recorded mixed trends. LPG prices fell by 5.53% and diesel by 5.35%, whereas petrol prices rose by 3%.
Meanwhile, the cedi weakened against major trading currencies during the pricing period, increasing the cost of fuel imports and contributing to higher pump prices.
The National Petroleum Authority (NPA) has also set new price floors for the June 1–16 pricing window.
Oil marketing companies are not permitted to sell petrol below GH¢15.20 per litre and diesel below GH¢15.49 per litre.
