Petrol and LPG price floors to rise in June first pricing Window, Diesel to ease slightly
Price floors for petrol and liquefied petroleum gas (LPG) are set to increase in the first pricing window of June 2026, while diesel is expected to record a marginal decline, according to the latest pricing outlook issued by the National Petroleum Authority (NPA).
The adjustments reflect developments on the international petroleum market and prevailing industry conditions.
Under the new pricing outlook, the petrol price floor has been set at GH¢15.20 per litre, representing an increase of GH¢0.60 from the GH¢14.60 per litre recorded during the second pricing window of May.
LPG prices are also expected to rise, with the price floor increasing to GH¢13.48 per kilogram from GH¢13.16 per kilogram in the previous pricing window, an increment of GH¢0.32.
Diesel, however, is projected to become slightly cheaper. The fuel’s price floor has been fixed at GH¢15.49 per litre, down from GH¢15.81 per litre in the second pricing window of May, representing a reduction of GH¢0.32.
The NPA explained that the price floor serves as the minimum retail price at which Oil Marketing Companies (OMCs) and LPG Marketing Companies (LPGMCs) are permitted to sell petroleum products during the specified pricing period.
In line with the Petroleum Products Pricing Guidelines (PPPG), all OMCs and LPGMCs are required to adhere to the approved price floors for the pricing window under consideration.
The Authority further noted that the approved price floors do not include premiums charged by International Oil Trading Companies (IOTCs), operating margins of Bulk Import, Distribution and Export Companies (BIDECs), as well as marketers’ and dealers’ margins, which are determined independently by the respective industry players.
The latest price adjustments follow a review of government fuel-relief measures introduced to cushion consumers against rising fuel prices caused by geopolitical tensions in the Middle East.
As part of the revised intervention, the government discontinued the GH¢0.36 per litre subsidy on petrol, while the GH¢2.00 per litre support on diesel was reduced to GH¢1.07 per litre at the beginning of the second pricing window of May.
The revised relief measures are expected to remain in effect for two pricing windows, subject to further assessment and review based on market developments.
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