Price of diesel set to go down marginally from April 16, petrol to rise by almost 2%

The price of diesel is set to go down marginally at the pumps from April 16, 2026. Data from the Chamber of Oil Marketing Companies, released on April 15, shows that diesel is likely to drop by almost 4 percent and could see a litre selling at around GH¢18.50. Petrol, on the other hand, is expected to go up by almost 2 percent and could see a litre selling at GH¢15.24 at the pumps. Liquefied Petroleum Gas (LPG) is also projected to rise by 0.75%, which could result in a kilogram selling at GH¢16.50.

The Chamber of Oil Marketing Companies noted that the average oil price continues to rise in 2026, moving from 109.66 $/BBL to 129.80 $/BBL, representing a significant 18.37% increase. International petroleum product prices have continued to rise for the seventh consecutive pricing window since January 2026. LPG recorded the highest increase at 9.38%, followed by diesel at 6.98% and petrol at 2.77%. For the April 16, 2026, pricing window, the cedi moved from GH¢11.0503 to GH¢11.1324 per US dollar, representing a 0.74% dip.

The government, on April 15, 2026, announced temporary measures aimed at cushioning consumers against rising fuel prices. Effective April 16, 2026, the state will absorb GH¢2 per litre on diesel and GH¢0.36 per litre