COPEC Predicts Increase In Petrol And Diesel Prices
The Chamber of Oil Marketing Companies (COPEC) is predicting an increase in the prices of petrol and diesel in the next pricing window.
Yakubu Abdulbaaki 
The Chamber of Oil Marketing Companies (COPEC) is predicting an increase in the prices of petrol and diesel in the next pricing window which is Monday 16th June 2025.
According to COPEC, prices of petrol at the pumps is likely to see a 9.15 percent increase with diesel likely to see an increase of 8.28 percent increase at the pumps. However, the chamber has predicted that, liquified Petrolium gas (LPG) will see a decline of 2.29 percent.
It is not clear yet what is driving the current increase considering the relatively strong currency against the US dollar and other major currencies for some time now.
Consumers of petroleum products in Ghana have enjoyed a considerable reduction in prices for some time now with petrol currently selling at a little over 11 Cedis at most of fuel stations in the Country.
There are two major factors that determine the prices of petroleum products in the Country, which is the exchange rate and the prices of petroleum products in the World market.
On Friday, 13th June 2025, Global oil prices reportedly soar due to geopolitical tensions between Israel and Iran.
