Lower global prices for refined fuels have reduced import costs, while the stronger local currency has alleviated exchange-rate pressures that typically influence domestic fuel pricing. Market leader Star Oil reduced petrol prices to GH¢11.35 per litre from GH¢11.97, while diesel fell to GH¢12.45 per litre, with some outlets offering even lower promotional prices. International outlet TotalEnergies followed suit, cutting petrol prices to GH¢12.50 per litre from GH¢12.69 and diesel to GH¢12.99 from GH¢13.22. Despite the positive outlook, fuel pricing remains sensitive to movements in the cedi and global oil market dynamics. Any renewed currency pressure or rebound in international oil prices could limit the scope for further cuts.

Source: GhanaWeb December 31, 2025 15:56 UTC