Fuel prices are expected to decline for a second consecutive period in January, beginning Friday, January 16, according to projections by the Chamber of Oil Marketing Companies (COMAC).
The chamber said petrol prices are expected to fall by between 1.26% and 2.30%, diesel by 1.97% to 2.10%, and LPG by 3.10% to 5.09%.
“These reductions are driven by the appreciation of the Ghana cedi and the decline in international petroleum product prices,” COMAC said in its January 2026 Pricing Outlook.
Unlike many African countries, fuel prices in Ghana are reviewed every two weeks.
During the first pricing window of January 2026, which ended on January 15, petrol sold for between GH¢10.45 and GH¢12.50 per litre, while diesel sold for between GH¢11.35 and GH¢12.99 per litre. LPG sold for between GH¢12.32 and GH¢13.91 per kilogram.
On the international front, although crude oil prices surged, refined petroleum product prices continued to soften over the period. Petrol declined by 1.07%, diesel by 0.68%, and LPG by 3.40%.
The cedi strengthened from GH¢11.52 to GH¢10.90 against the US dollar, representing a 5.71% gain, according to COMAC.
The expected reductions should provide additional relief to consumers, following price cuts already recorded in the first pricing window of January.
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