Fuel Prices Up as TotalEnergies, Goil and Star Oil adjust Pump Rates
Leading Oil Marketing Companies (OMCs), including TotalEnergies, Goil, and Star Oil, have reviewed upward the prices of petrol and diesel at their pumps, consistent with market expectations for the second pricing window of July 2025.
According to data from CediRates, TotalEnergies is now selling petrol at GHS 13.30 per litre and diesel at GHS 14.50 per litre, marking the highest adjustments among the three major OMCs.
Goil has set its petrol and diesel prices at GHS 12.88 and GHS 14.38 respectively, while Star Oil has pegged its rates at GHS 12.59 for petrol and GHS 13.99 for diesel.
In view of the price hikes by TotalEnergies, GOIL and Star Oil, the current average price for fuel is GHS 11.59 compared to GHS 14.44 some three months ago.
The upward adjustments follow projections by the Chamber of Oil Marketing Companies (COMAC), which had earlier signalled an 8% to 10% increase in fuel prices due to recent developments in global crude oil markets.
The new prices take effect today, which marks the start of the second pricing window for July and are expected to influence transportation and input costs across various sectors of the economy.
COMAC maintains that while the adjustments reflect prevailing market fundamentals, sustained forex stability and efficient supply chain management remain critical to mitigating future hikes.
