Petrol and diesel prices are to go up by 2% and 1.1%; LPG is to decrease by 0.3% for the first Pricing window of April 2025, according to the Chamber of Oil Marketing Companies (COMAC).
Transport operators are urged to brace for an increase in diesel and petrol.
The largest adjustment is attributed to the cost of crude oil, which experienced a slight ascent from $71.94/BBL to $72.57/BBL, marking a 0.86% increase.
Oil prices rose as tightening supply outweighed concerns over a growing trade war that could reduce global energy demand.
According to COMAC, despite the rise in crude oil prices, international product prices showed mixed trends. Petrol prices rose by 4.15%, while diesel and LPG experienced declines of 1.87% and
0.51%, respectively.
According to the chamber, the Ghanaian cedi experienced a slight appreciation against the US dollar in late March 2025, reflecting a 0.07% gain.
Although the cedi depreciated by 5.3% in the first quarter of 2025, it has recently recovered 0.31% in the international market, supported by central bank interventions to stabilise the currency.
Fuel prices dropped for the third consecutive time in the second pricing window of March 2025.