The Chamber of Petroleum Consumers (COPEC) has projected significant fuel price hikes from Tuesday, September 16, 2025, as the second pricing window opens.
According to COPEC’s analysis, petrol prices are expected to rise by 3.98%, diesel by 9.41%, and liquefied petroleum gas (LPG) by 7.65%.
This means petrol will average GHS13.61 per litre, up from GHS13.09. Diesel is projected to reach GHS14.08 per litre, compared to the current GHS13.32, while LPG is expected to climb to about GHS12.52 per kilogram.
The price surge is being attributed mainly to the cedi’s steep depreciation against the US dollar, which dropped by 8.62% within the pricing window, moving from GHS11.03 to GHS12.07 per dollar.
COPEC explained that the local currency’s weakness has outweighed the slight dip in global crude oil prices, which fell by 0.52% from $67.67 to $67.32 per barrel.
In a statement issued on September 15, COPEC’s Executive Secretary, Duncan Amoah, urged Oil Marketing Companies (OMCs) to cushion consumers by reducing their profit margins in order to minimise the impact of the steep adjustments.
