The Chamber of Oil Marketing Companies (COMAC), in its latest outlook report, has projected that petroleum prices at the pumps are expected to increase marginally during the second pricing window of February 2026.
COMAC attributed the recent pressure on the cedi to increased foreign exchange demand since the beginning of the year, as businesses restock and multinational firms repatriate dividends.
According to the Chamber, from February 16, 2026, this will mark the second projected price increase in 2026, following the National Petroleum Authority’s (NPA) reduction of the petroleum price floor.
Petrol is expected to rise by approximately 1.97 percent, with a litre likely to sell at GH¢11.97.
Diesel, on the other hand, is projected to increase by 2.73 percent, reaching around GH¢13.09 per litre.
Liquefied Petroleum Gas (LPG) is also expected to rise to GH¢13.93 per kilogram.
Currently, petrol across all Oil Marketing Companies (OMCs) is selling below GH¢10 per litre at the pump.
On the international market, crude oil prices have risen by more than 5 percent and are trading close to US$70 per barrel.
In its latest notice, the NPA announced the minimum ex-pump prices as follows: petrol at GH¢10.24 per litre, diesel at GH¢11.34 per litre, LPG at GH¢9.43 per kilogram, marine gas oil (MGO Local) at GH¢10.45 per litre, and kerosene at GH¢9.21 per litre.
SP/MA
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