Some Oil Marketing Companies (OMCs) have started reviewing prices of petroleum products at the pumps from this morning, August 17, 2026.
Star Oil has taken the lead among the top oil marketing companies, as Joy Business checked the prices of petroleum products across some pump stations this morning.
Star Oil has reduced the price of petrol from GH¢15.49 per litre to GH¢14.97
However, that of diesel had been kept unchanged at GH¢16.97 per litre.
But some of the OMCs have told Joy Business that even though a decision has not been taken on prices that does not mean they will not review prices later in the day.
Joy Business checks with the market leader, GOIL, indicated that fuel prices have not yet been reviewed.
Total Energies had also not reviewed prices at its service stations across the country.
However, there are strong indications that some of the OMCs might keep their prices unchanged at the pumps.
It is also likely that most of the OMCs will once again price above the Price Floor set by the National Petroleum Authority.
The Authority set a price floor of GH¢13.92 for petrol and GH¢15.19 for diesel for the second pricing window from August 16 to 31, 2026.
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DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
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