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Some oil marketing companies (OMCs) have begun reducing fuel prices across the country as the second pricing window for January opens, bringing relief to consumers amid easing cost pressures.
State-owned GOIL has introduced discounted pump prices at 150 selected stations nationwide. Under the promotion, Super XP petrol is selling at GH¢9.99 per litre, down from GH¢10.99 recorded during the first pricing window of January. Diesel XP has also declined to GH¢11.21 per litre from the previous GH¢11.96.
However, Super XP 95 remains unchanged at GH¢13.97 per litre, even at the discounted GOIL outlets.
Star Oil has similarly adjusted prices at several of its stations. Super petrol is now selling at GH¢9.97 per litre at 175 outlets nationwide, compared to GH¢10.56 in the first pricing window, although some stations are still selling at the old price. Diesel has dropped to GH¢10.97 per litre from GH¢11.56, while RON 95 has reduced to GH¢12.54 per litre from GH¢12.96.
GOIL’s new prices took effect from 6:00 a.m. on Friday, January 16, 2026, while Star Oil’s adjustments became effective from 8:00 a.m. the same day.
Industry analysts attribute the latest fuel price reductions largely to the appreciation of the Ghana cedi and continued declines in international petroleum product prices. The cuts are expected to ease transportation and household cost pressures and may trigger renewed discussions on transport fare reductions as competition among OMCs intensifies.
