Petrol, diesel and Liquefied Petroleum Gas (LPG) prices are expected to increase from Wednesday, September 16, 2026, as the Chamber of Petroleum Consumers (COPEC) projects significant price adjustments in the second pricing window of September.

In a statement dated September 13, COPEC projected petrol to increase by 4.24% to GH¢16.26 per litre, while diesel is expected to rise by 10.23% to GH¢19.07 per litre. LPG is also projected to sell at GH¢15.32 per kilogramme.

According to COPEC, the expected increases are being driven largely by developments on the international petroleum market.

“Global Crude price went up significantly from $89.30/barrel to $103.07/barrel whilst the Cedi witnessed a marginal appreciation against the US dollar,” the Chamber said.

The cedi appreciated by about 0.29% during the period, with the average interbank rate moving from GH¢11.5166 to GH¢11.4830 to the US dollar.

For petrol, COPEC said its international Free on Board (FOB) price increased from US$1,136.50 to US$1,251.07 per metric tonne, representing a 10.08% increase.

“With a currency appreciation of about 0.29%, the retail price of petrol works up to Ghc16.26/L representing 4.24% increase of the current mean price of Ghc15.60/L,” it said.

COPEC expects petrol to sell between GH¢15.44 and GH¢17.08 per litre within a plus or minus five per cent range of its projection.

Diesel is expected to record a steeper increase after its international FOB price rose from US$1,250.50 to US$1,404.73 per metric tonne, representing a 12.33% increase.

COPEC said the projected retail pump price for diesel “shall work up to Ghc19.07 representing a 10.23% increase of the current mean price of Ghc17.30/L.”

Diesel is expected to sell between GH¢18.12 and GH¢20.02 per litre.

For LPG, the international FOB price increased by 16.45%, from US$611.75 to US$712.43 per metric tonne.

COPEC said the product is “expected to increase significantly and sold at Ghs15.32/kg,” with the projected price ranging between GH¢14.55 and GH¢16.08 per kilogramme.

The Chamber has also appealed to government to extend its fuel subsidy intervention beyond the first pricing window of September.

“COPEC would like to appeal to the government to extend its subsidy intervention beyond the first window of September by giving consumers of petrol a Ghc1/L reliief while continuing with the Ghc2/L on diesel until global benchmarks return to normalcy,” it said.

COPEC further urged government to accelerate the expansion of the Tema Oil Refinery (TOR) from its current 45,000 barrels per day capacity to 100,000 barrels per day, saying this would reduce Ghana’s reliance on imported finished petroleum products.

It also appealed to Oil Marketing Companies (OMCs) to reduce their margins to cushion consumers against the expected increases.