The National Petroleum Authority (NPA) has raised the minimum prices for fuel for the second pricing window of February 2026, effective February 16–28.
Under the new directive, Oil Marketing Companies (OMCs) cannot sell petrol below GH¢10.24, up from GH¢9.99 in the previous window.
Diesel has increased from GH¢10.95 to GH¢11.34, while LPG now has a minimum price of GH¢9.43 per kilogram.
All OMCs and LPG Marketing Companies must comply with the approved price floors.
Companies currently selling below these levels will have to adjust their pump prices upward.
The Chamber of Oil Marketing Companies (COMAC) has urged strict adherence to the directive, stating that the price floors exclude premiums by international oil traders, as well as margins for bulk importers, marketers, and dealers, which will be determined separately under the pricing guidelines.
According to the NPA, the price floor policy introduced in April 2024 is aimed at preventing price undercutting, promoting transparency, and ensuring stability in the downstream petroleum sector.
The latest adjustment follows ongoing industry debate, which recently saw Star Oil withdraw from COMAC.
While COMAC supports the policy as necessary to protect the industry, Star Oil argues that the price floor restricts fair competition and market-based pricing.
