Dr. Riverson Oppong
The prices of fuel is likely to go up by today at the retail stations, the Chamber of Oil Marketing Companies, (COMAC) has predicted at the start of the first pricing window starting today July 1, 2025.
Making the projection in what would be the first time since February 2025 that prices of fuel will see an increase at the pumps, COMAC said, petrol may witness a two percent increase, while prices of diesel could go up by five percent.
Also, Liquefied Petroleum Gas (LPG) will see a one percent increase in prices.
The Chief Executive of the chamber, Dr. Riverson Oppong who announced this at a news conference in Accra, said, “Even before the implementation of the amended Energy Sector Levy which has been suspended, our projections indicate that pump prices may be going up.”
“I can say petrol is likely to go up by two percent, LPG may witness a little above one percent and diesel will likely increase by five percent. This is after taking all factors into consideration, including NPA price build ups,” he said.
A Business Desk Report