Fuel prices are expected to increase significantly from Saturday, August 1, with the Chamber of Petroleum Consumers (COPEC) projecting higher prices for petrol, diesel and liquefied petroleum gas (LPG).
In a statement on Wednesday, July 29, 2026, COPEC attributed the expected increases to rising international petroleum prices and a 1.4% depreciation of the cedi against the US dollar during the current pricing window.
COPEC projects petrol to rise by 9.36% from an average GH¢14.59 per litre to GH¢15.95 per litre.
“Thus, the retail price of Petrol is expected to be selling between GH¢15.16/L and GH¢16.75/L, within a ±5% range of COPEC’s projection,” it said.
Diesel is projected to increase by 10.78% to an average GH¢19.45 per litre, from GH¢17.76 per litre.
COPEC expects diesel prices to range between GH¢18.48 and GH¢20.92 per litre.
LPG is also projected to sell at an average GH¢13.80 per kilogram, with prices ranging between GH¢13.11 and GH¢14.49 per kilogram.
COPEC said the projections follow increases in international product prices, with crude oil rising from US$71.90 to US$88.62 per barrel during the pricing window.
The Chamber called for government intervention to reduce the impact of the anticipated increases on consumers.
“It is the expectation of COPEC that government as a matter urgency would intervene to cushion consumers against these expected steep prices,” COPEC said.
