Fuel Prices Soar in Ghana Amid NPA's Revised Benchmark Fuel Price Floors

The National Petroleum Authority (NPA) has announced revised benchmark fuel price floors for August 2026, leading to an increase in fuel prices across Ghana.

As a result, major Oil Marketing Companies (OMCs) such as Star Oil and GOIL have announced new pump prices effective from August 1, 2026.

The NPA's revised benchmark price floors show that petrol has increased by 9.4% to GH¢14.53 per litre, while diesel has climbed 18.3% to GH¢16.97 per litre.

Star Oil will sell super at GH¢14.53 per litre, diesel at GH¢18.77 per litre, and RON 95 at GH¢17.77 per litre, while GOIL's new prices are GH¢14.98 per litre for Super XP, GH¢17.71 per litre for Diesel XP, and GH¢17.30 per litre for Super XP 95.

The increase in fuel prices is attributed to higher international Brent crude oil prices and the depreciation of the Ghana cedi against the US dollar.