Fuel prices are set to experience a mixed change starting today, June 1, 2026. Petrol and liquefied petroleum gas (LPG) are expected to rise, while diesel prices will see a slight decline. According to the latest outlook from the Chamber of Oil Marketing Companies (COMAC), petrol prices are projected to increase by 6.20% and LPG by 2.24%.
This rise is primarily driven by higher international petroleum product prices. In contrast, diesel is expected to decrease by 2% due to softer global market conditions and ongoing industry interventions. Under the National Petroleum Authority’s (NPA) price guidance, petrol will be sold at a minimum of GH¢15.20 per litre, LPG at GH¢13.48 per kilogram, and diesel at GH¢15.49 per litre.
This adjustment comes at a time when transport operators are also raising fares. The Ghana Private Road Transport Union (GPRTU) and the Commercial Transport Operators of Ghana have announced a 20% increase in public transport fares, effective June 2, 2026, citing rising fuel costs and the cost of spare parts.
The combination of higher petrol and LPG prices is expected to add fresh pressure on transport and logistics costs, with possible ripple effects on inflation and household spending in the coming weeks.
Source: Daniel Sackitey
