Fuel prices to go up Monday over depreciating cedi, dumsor levy, & supply chain disruptions

By Francis Kobena Tandoh

Fuel prices are expected to rise throughout Ghana beginning Monday, September 1, 2025, according to reports monitored by Ghana Eye Report from various stakeholders.

According to industry watchers, petrol is anticipated to climb by some 3.86 percent to 5.40 percent per liter, pushing the average pump price to around GH₵ 13.67.

Diesel is projected to increase by approximately 3.39 percent, potentially reaching about GH₵ 14.35 per liter. while Liquefied Petroleum Gas (LPG) is expected to rise by up to 4.57 percent per kilogram.

The rise in petroleum products seems quite surprising to some members of the public; however, energy experts have enumerated the potential factors driving this upsurge.

Why the price hike?

Cedi Depreciation: The Ghanaian cedi has weakened notably against the US dollar—dropping from around GH₵ 10.71 to GH₵ 11.20, a 3.98 percent decline—making imports of petroleum products costlier.

Levy Effects: A recent GH₵ 1-cedi levy on some petroleum products may have also contributed modestly to the upward adjustment.

Supply Disruptions: Shortages in the supply of refined petrol earlier this month forced some Oil Marketing Companies (OMCs) to raise prices mid-August.

Interestingly, global crude oil and refined product prices have generally been falling—0.45% for petrol, 3.73% for diesel, and 1.73% for LPG. However, local currency dynamics and supply concerns outweigh these declines in the domestic pricing mechanism. End item

Source: Ghana Eye Report