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NPA Sets Higher Fuel Price Floor for April as Global Oil Volatility Persists

7 months ago
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NPA Sets Higher Fuel Price Floor for April as Global Oil Volatility Persists

The National Petroleum Authority (NPA) has set a new price floor for petroleum products for the first pricing window of April 2026, with diesel pegged at a minimum of GH¢17.10 per litre and petrol at GH¢13.30 per litre.

Liquefied Petroleum Gas (LPG) will also sell at a minimum of GH¢10.71 per kilogram over the same period.

The revised benchmarks reflect prevailing conditions on the international oil market, where renewed geopolitical tensions in the Middle East continue to drive volatility in crude oil prices.

The new price floor represents a notable increase compared to the second pricing window of March (March 16–31), when petrol, diesel and LPG were set at GH¢11.57, GH¢14.35 and GH¢10.67 respectively.

Under the existing petroleum pricing framework, the price floor serves as the minimum threshold at which Oil Marketing Companies (OMCs) and LPG Marketing Companies (LPGMCs) are permitted to retail fuel products.

All industry players are expected to comply with the directive, with the NPA warning of sanctions for non-compliance.

The adjustment follows a period of intense price competition among OMCs in the latter part of March, with market watchers closely monitoring how pricing strategies evolve in the new window.

Tags: FuelFuel Price FloorNPANPA Sets Higher Fuel Price Floor for April as Global Oil Volatility Persists
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