The Chamber of Petroleum Consumers (COPEC) has projected an increase in the prices of petrol, diesel and Liquefied Petroleum Gas (LPG) at fuel stations from Wednesday, September 16, 2026.
According to COPEC, petrol is expected to rise by 4.24 per cent, while diesel could record a sharper 10.23 per cent increase during the second pricing window of September.
LPG is also projected to record a significant increase, with the commodity expected to sell at approximately GH¢15.32 per kilogramme.
In a projection dated September 13, 2026, COPEC attributed the anticipated increases mainly to rising international crude oil and refined petroleum product prices.
The Chamber said global crude oil prices rose from US$89.30 to US$103.07 per barrel during the period under review.
The projected increases come despite a marginal appreciation of the Ghana cedi against the US dollar.
The cedi moved from an average interbank rate of GH¢11.5166 per US$1 at the beginning of the current pricing window to GH¢11.4830 at the close of the window.
COPEC said the movement represented a marginal 0.29 per cent appreciation of the cedi against the dollar.
Its analysis further showed that the international Free on Board (FOB) price of petrol increased from US$1,136.50 to US$1,251.07 per metric tonne, representing a 10.08 per cent rise.
After factoring in the marginal appreciation of the cedi, COPEC projects that the retail price of petrol could increase to GH¢16.26 per litre.
This would represent a 4.24 per cent increase from the current mean price of GH¢15.60 per litre.
Based on its projection and an estimated ±5 per cent range, COPEC expects petrol to sell between GH¢15.44 and GH¢17.08 per litre during the next pricing window.
Diesel
Diesel is expected to record a more significant increase in the upcoming pricing window.
COPEC said the FOB price of diesel rose from US$1,250.50 to US$1,404.73 per metric tonne, representing a 12.33 per cent increase.
After factoring in the 0.29 per cent appreciation of the cedi, COPEC projects that diesel could sell at GH¢19.07 per litre at the pump during the next pricing window.
The projected price represents a 10.23 per cent increase from the current mean price of GH¢17.30 per litre.
