The worth of petroleum merchandise is about to go up by some vital margin per litre from Monday, September 1, 2025.
That is based mostly on the outlook report that guides the pricing of the Oil Advertising Firms (OMCs) within the nation by the Chamber of Oil Advertising Firms (COMAC), as seen by JOY BUSINESS.
Projected Costs at Pumps
Primarily based on the report, the value of petrol on the pumps is projected to extend by 3.86 – 5.40% per litre from September 1, 2025. The event might lead to a litre of petrol going for GHS 13.67.
LPG will likely be elevated by as much as 4.57% per kilogram.
Diesel, however, might be up by 3.39% per litre, and this may occasionally lead to a litre going for GHC14.35.
Causes
Based on the COMAC, the hike has been influenced by the cedi experiencing some substantial depreciation in opposition to the US greenback over the previous month.
Based on the chamber, the speed shifted from GHS 10.71 to GHS 11.20, reflecting 3.98 per cent, the “highest because the begin of this 12 months”.
The Chamber of Oil Advertising Firms, nevertheless, within the report revealed that crude oil on the worldwide market has been dropping; the value of petrol was down by 0.45%, diesel by 3.73%, and LPG by 1.73%.
A number of the business gamers have argued that the current 1 cedi levy on some petroleum merchandise might have additionally contributed to the margin of enhance.
Cedi’s Depreciation and Provide Challenges
The Chamber within the report argued that regardless of the discount in worldwide petroleum costs, the increment was “as a consequence of depreciation of the cedi in opposition to the greenback.”
Moreover, the recurring shortfall in provide of completed petroleum merchandise, notably petrol from earlier this month, additionally accounted for the rise in costs.
JOY BUSINESS reported final week that the market had been hit with some provide challenges, particularly with regards to petrol.
That truly pressured among the oil advertising corporations to extend their costs from the center of August 2025, when costs ought to have been saved unchanged.
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