Consumers are expected to pay more for petrol and Liquefied Petroleum Gas (LPG) in the first pricing window of June 2026, while diesel prices are projected to reduce marginally.
The latest pricing outlook released by the National Petroleum Authority (NPA) indicates that the price floor for petrol has increased from GH¢14.60 per litre in the second pricing window of May to GH¢15.20 per litre for the first pricing window of June, representing a rise of GH¢0.60.
LPG prices are also expected to go up, with the new price floor set at GH¢13.48 per kilogram, compared to GH¢13.16 per kilogram in the previous window. This reflects an increase of GH¢0.32.
Diesel, however, is projected to witness a slight reduction. The price floor has been revised downward from GH¢15.81 per litre to GH¢15.49 per litre, representing a decrease of GH¢0.32.
The NPA explained that the approved price floors serve as the minimum rates at which Oil Marketing Companies (OMCs) and LPG Marketing Companies (LPGMCs) can sell petroleum products during the pricing window.
Under the Petroleum Products Pricing Guidelines (PPPG), all OMCs and LPGMCs are required to adhere to the approved floor prices.
The Authority further clarified that the announced prices do not include premiums charged by International Oil Trading Companies (IOTCs), operating margins by Bulk Import, Distribution and Export Companies (BIDECs), as well as marketers’ and dealers’ margins, which are independently determined by the various companies.
The latest price adjustments follow recent changes to the government’s fuel relief interventions introduced to cushion consumers from the impact of rising global fuel prices linked to tensions in the Middle East.
As part of the revised measures, the government removed the GH¢0.36 per litre subsidy on petrol, while support on diesel was reduced from GH¢2.00 per litre to GH¢1.07 per litre at the beginning of the second pricing window of May.
Government says the revised fuel relief measures will remain in place for two pricing windows, subject to further review based on prevailing market conditions.