Petroleum prices are expected to increase across Ghana in the second pricing window of February 2026, according to projections by the Chamber of Petroleum Consumers (COPEC).

In a statement dated February 13, 2026, COPEC indicated that petrol, diesel and liquefied petroleum gas (LPG) are all likely to record upward adjustments at the pumps.

Petrol is projected to increase by about 5 to 6 per cent, while diesel and LPG could rise by approximately 6 per cent across various filling stations nationwide.

The anticipated hikes are attributed to movements in global crude oil prices and the performance of the Ghana cedi against the US dollar.

Global crude oil prices rose by about 4.8 per cent, moving from $67.4 per barrel to $70.64 per barrel during the pricing window. At the same time, the cedi experienced a marginal depreciation of approximately 1.04 per cent, shifting from an average interbank rate of GH¢10.98415 to GH¢11.0990 to the dollar.

According to COPEC,  the international Free On Board (FOB) price of petrol increased from $626.36 per metric tonne to $652.64 per metric tonne, representing a 4.1 per cent rise. Combined with the cedi’s depreciation, the retail price of petrol is projected to increase by about 6.8 per cent.

Petrol is therefore expected to sell between GH¢11.56 per litre and GH¢12.77 per litre, within a ±5 per cent margin of COPEC’s projection.

Meanwhile, COPEC expressed the expectation that Oil Marketing Companies will absorb part of the upward adjustments by reducing portions of their margins to ease the burden on consumers.

Source: 3news