OMCs commence fuel price reduction; GOIL sells petrol at GH¢9.99, Star Oil cuts to GH¢9.97

Some Oil Marketing Companies (OMCs) have begun reducing fuel prices at the pumps from today, January 16, 2026.The development follows industry projections that petroleum product prices were expected to fall by more than three per cent per litre in the current pricing window. The second-largest player in the downstream oil sector, GOIL, took the lead […]

Some OMCs drop fuel prices again; petrol sells at GH¢10.36 with diesel going for GH¢11.36

Some Oil Marketing Companies (OMCs) have moved to reduce fuel prices at the pumps again, with Star Oil this morning selling a litre of petrol at GH¢10.36 and diesel at GH¢11.36 at selected outlets across the country. These prices, however, are based on Star Oil’s discounted pricing policy, which applies to some of its service […]

We’ve been engaging BoG; new interventions to reduce fuel prices in the offing – Chamber of Bulk Oil Distributors

The Chamber of Bulk Oil Distributors (COBD) says there will be some reprieve for consumers of petroleum products soon because of some measures the Bank of Ghana (BoG) has announced. The Central Bank has announced it will provide more forex for importers of petroleum products at competitive rates, which is expected to check the recent […]

Government to restore PSRLs on petrol, diesel and LPG effective February 1

The National Petroleum Authority (NPA) has indicated its decision to restore the Price Stabilisation and Recovery Levies (PSRL) on petrol, diesel and Liquefied Petroleum Gas (LPG) products effective February 1, 2022. President Akufo-Addo had directed the National Petroleum Authority to extend the removal of the Price Stabilisation and Recovery Levies on petrol, diesel, and LPG to […]

Scrapped fuel taxes cost 232 million Ghana Cedis between 2017 and 2018-Energy Minister

By John Elliot HAGAN, Accra Minister for Energy John Peter Amewu has disclosed that government spent GH₵232 million providing tax reliefs on petroleum products to ordinary Ghanaians between December 2017 and June 2018. He says the reliefs are part of government’s efforts to use tax interventions to mitigate the impact of the increasing price of […]