Consumers are expected to enjoy some relief at the pumps as prices of petrol, diesel, and LPG are projected to fall between 2% and 4.5% in the upcoming October 16, 2025 pricing window.
According to the Chamber of Oil Marketing Companies pricing outlook for the second pricing window in October,
During the period under review, the cedi strengthened from GHS 12.40 to GHS 12.25 per dollar, representing a 1.1% gain. Analysts attribute this rebound to stronger foreign exchange inflows from commodity exports, renewed investor confidence following the fifth IMF review, and improved central bank market operations.
At the pump, prices are projected to decline as follows:
- Petrol: 2.04% – 4.15%
- Diesel: 2.08% – 4.10%
- LPG: 2.49% – 4.46%
The expected drop offers much-needed relief to consumers and transport operators who have endured a series of price increases in recent months. Industry watchers, however, caution that the sustainability of the decline will depend largely on global oil price trends and the cedi’s performance in the coming weeks.
