The National Petroleum Authority (NPA) has announced an upward revision of the minimum price floors for petroleum products for the second pricing window of March 2026, effective March 16, indicating potential increases in pump prices nationwide.
The new ex-pump price floors show significant increases across petrol, diesel, and liquefied petroleum gas (LPG) compared with the first pricing window of the month.
- Petrol’s minimum price has risen to GH¢11.57 per litre from GH¢10.46 per litre between March 1 and 15.
- Diesel’s floor has jumped to GH¢14.35 per litre from GH¢11.42 per litre.
- LPG’s minimum price is now GH¢10.67 per kilogramme, up from GH¢9.38 per kilogramme.
These adjustments represent month-to-date increases of GH¢1.11 for petrol, GH¢2.93 for diesel, and GH¢1.29 for LPG.
The NPA explained that the price floors set the minimum permissible selling prices under Ghana’s petroleum pricing guidelines. However, they do not reflect the final retail prices consumers pay, as additional cost elements are not included in the calculation.
Excluded from the minimum price calculations are premiums from international oil trading companies, operating margins for Bulk Import, Distribution and Export Companies, as well as margins applied by individual Oil Marketing Companies and fuel station dealers. These costs are typically added before final pump prices are determined.
Analysts say the upward revision comes amid expectations of rising fuel prices in the second half of March, largely driven by escalating geopolitical tensions in the Middle East, which have pushed global crude oil prices higher.
The move underscores continued pressure on fuel costs and suggests consumers may see higher prices at the pumps in the coming weeks.

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