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The (NPA) has announced an increase in the price floors for petroleum products for the second pricing window of March 2026, a move that could lead to higher fuel prices at pumps across .
The new price floors will take effect from March 16, 2026.
Under the revised pricing structure, the minimum ex-pump prices have risen significantly compared to the first pricing window of the month.
- Petrol has increased to GH¢11.57 per litre, up from GH¢10.46 per litre recorded between March 1 and March 15.
- Diesel has climbed sharply to GH¢14.35 per litre, from GH¢11.42 per litre.
- Liquefied Petroleum Gas (LPG) has also risen to GH¢10.67 per kilogramme, up from GH¢9.38 per kilogramme.
The adjustments represent increases of GH¢1.11 for petrol, GH¢2.93 for diesel, and GH¢1.29 for LPG within the same month.
The price floors set by the represent the minimum allowable selling prices under Ghana’s petroleum pricing guidelines.
However, the announced figures do not necessarily represent the final pump prices paid by consumers. Several additional cost components are not included in the price floor calculations.
These include premiums charged by international oil trading companies, operating margins for bulk import, distribution and export companies, and margins set by individual oil marketing companies and fuel dealers.
These additional costs are typically added before the final retail pump prices are determined.
Analysts say the latest adjustments indicate growing pressure on fuel prices in the country and could translate into higher pump prices during the second pricing window of March.
The projected increases come amid renewed geopolitical tensions in the Middle East, which have pushed global crude oil prices upward.
