Fuel prices to increase by 9% – COPEC

Fuel prices are expected to increase sharply from Today, September 16, 2025, as the second pricing window of the month opens, according to projections by the Chamber of Petroleum Consumers (COPEC).

COPEC estimates that petrol prices will rise by 3.98 %, moving from the current GH¢13.09 to an average of  GH¢13.61 per litre.

Diesel is projected to see a more significant increase of 9.41%, climbing from  GH¢13.32 to  GH¢14.08 per litre.

Liquefied petroleum gas (LPG) is also expected to go up by 7.65 percent, with prices reaching an average of  GH¢12.52 per kilogram, up from  GH¢11.63.

The projected hikes are largely attributed to the sharp depreciation of the Ghana cedi against the US dollar.

Within the current pricing window, the cedi has weakened by 8.62%, sliding from  GH¢11.03 to  GH¢12.07 per dollar.

This significant currency depreciation has driven up the cost of fuel imports, which are priced in dollars, despite a marginal decline in global crude oil prices.

International oil prices fell slightly by 0.52%, from $67.67 to $67.32 per barrel, a drop that would have otherwise offered some relief at the pumps.

COPEC explains that the impact of the weaker cedi has more than offset the small dip in crude prices, creating upward pressure on local fuel prices.

In response to these developments, COPEC is urging Oil Marketing Companies (OMCs) to cushion consumers by absorbing part of the projected increases.

Executive Secretary of COPEC, Duncan Amoah, called on the companies to reduce their margins in order to avoid placing the full burden on the already stretched Ghanaian consumer.

“It is COPEC’s expectation that the various Oil Marketing Companies will absorb some portion of these upward adjustments by shelving parts of their margins, so as not to overburden consumers with these steep price increases,” Mr. Amoah stated in a release issued on September 15.

The post Fuel prices to increase by 9% – COPEC appeared first on The Ghana Report.