Petrol, LPG prices set to rise in June as diesel dips — NPA

Petrol, LPG prices set to rise in June as diesel dips — NPA

Fuel price floors for petrol and liquefied petroleum gas (LPG) are set to increase in the first pricing window of June 2026, while diesel will see a marginal decline, according to the latest outlook from the National Petroleum Authority (NPA). The NPA said the adjustments reflect movements on the international petroleu...

Winifred Lartey
May 29
Petrol, LPG prices set to rise in June as diesel dips — NPA

Fuel price floors for petrol andliquefied petroleum gas (LPG) are set to increase in the first pricing window of June 2026, while diesel will see a marginal decline, according to the latest outlook from the National Petroleum Authority (NPA).

The NPA said the adjustments reflect movements on the international petroleum market and prevailing local conditions.

Petrol will see its price floor rise to GH¢15.20 per litre, up by GH¢0.60 from GH¢14.60 recorded in the second pricing window of May.

LPG is also expected to increase, with its price floor moving to GH¢13.48 per kilogram from GH¢13.16, representing a GH¢0.32 rise.

Diesel, however, will record a slight reduction. The price floor has been set at GH¢15.49 per litre, down by GH¢0.32 from GH¢15.81 in the previous window.

The price floor represents the minimum threshold at which Oil Marketing Companies (OMCs) and LPG Marketing Companies (LPGMCs) are permitted to sell petroleum products under the Petroleum Products Pricing Guidelines (PPPG).

The NPA noted that the approved price floors do not include premiums charged by International Oil Trading Companies (IOTCs), as well as operating and distribution margins set independently by Bulk Import, Distribution and Export Companies (BIDECs), marketers and dealers.

The new pricing adjustments come in the wake of changes to government fuel relief measures introduced earlier to cushion consumers from rising global oil prices linked to tensions in the Middle East.

Under the revised policy, the government scrapped the GH¢0.36 per litre subsidy on petrol, while reducing diesel support from GH¢2.00 to GH¢1.07 per litre at the start of the second pricing window of May.

Authorities say the revised intervention will remain in place for two pricing windows, subject to further review depending on market conditions.

The latest outlook suggests consumers could face renewed cost pressures in the coming weeks, particularly for petrol and LPG, despite the marginal easing in diesel prices.

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