Fuel Prices Decline as OMCs Implement New April Pricing Window
Fuel prices have started to decline slightly at the pumps as Oil Marketing Companies (OMCs) introduce revised rates under the second pricing window of April, providing some relief to consumers amid recent cost pressures.
The new prices, which took effect on Thursday, April 16, 2026, come on the back of updated minimum pricing guidelines issued by the National Petroleum Authority (NPA), as well as government measures aimed at moderating the impact of high global oil prices.
Star Oil is among the OMCs to have adjusted its pump prices in response to the revised benchmarks. Petrol has been lowered by 3 pesewas per litre to GH¢13.27 from GH¢13.30, while diesel saw a more significant reduction of GH¢1.00 per litre, dropping to GH¢16.10 from GH¢17.10. Its RON 95 product has also been reduced to GH¢14.67 per litre from GH¢14.99, with the new rates taking effect from 8:00 a.m.
State-owned GOIL has also revised its prices in line with the new pricing window. Petrol is now selling at GH¢13.27 per litre, down from GH¢13.30, while diesel has been reduced to GH¢16.10 per litre from GH¢17.10. However, its Super XP 95 price remains unchanged at GH¢15.77 per litre. The adjustments took effect from 6:00 a.m.
The latest price cuts represent a shift from the increases recorded in recent pricing windows, which were largely influenced by volatility in global crude oil markets, particularly due to ongoing tensions in the Middle East.
The reductions also follow government intervention to ease the burden on consumers, including the absorption of GH¢2.00 per litre on diesel and GH¢0.36 per litre on petrol. This policy is expected to support further slight reductions across the market, with more OMCs likely to adjust their prices in the coming days.
