Audio By Carbonatix
The implementation of the one Cedi fuel levy, which commenced today, Tuesday, July 16, 2025, has pushed prices of petroleum products up at some pump stations.
Some oil marketing companies told JOYBUSINESS they have no option but to pass on the cost to consumers.
The Chief Executive of the Chamber of Oil Marketing Companies, Dr Riverson Oppong, said prices could have gone down by some 2 per cent if the one Cedi levy had not taken off from today.
GOIL, for instance, is selling a litre of petrol for GH₵12.88 from its old price of GH₵12.07. Diesel has gone up from GH₵13.20 to GH₵14.38.
Market Leader Star Oil has also increased its prices, selling a litre of petrol for GH₵12.59. However, some of its service stations will be selling the product at GH₵11.99.
Diesel has also gone up at Star Oil’s stations selling at GH₵13.99. However some stations will be selling the product at GH₵13.79.
Some of the oil marketing companies say they will be adjusting their prices later today.
The Chamber of Petroleum Consumers has made a strong case for the government to take a second look at the taxes on price build-up on petroleum products to bring some relief to consumers.
Executive Secretary Duncan Amoah said reviewing the taxes could bring some relief to consumers, while government presses ahead with the implementation of the levy on the various petroleum products.
Latest Stories
-
GSTS Alumni launches Golf Club to support and create opportunities for students
19 seconds -
The 2026 crossroad: How Ghana can turn an energy crisis into an industrial renaissance
6 minutes -
2026 World Cup: Ghana can compete with England in Group L – UK-based journalist
10 minutes -
The possible removal of EC Chair and others – a tale of two scenarios
21 minutes -
Walewale Municipal Hospital forced to discharge man who was assaulted for alleged attempted theft
31 minutes -
Matthew Nyindam will only be reinstated as MP If … – Inusah Fuseini
43 minutes -
Shippers Authority vows to protect importers and exporters under new regulatory mandate
47 minutes -
Roads Ministry launches reforms to ensure quality bitumen supply
50 minutes -
Daily Insight for CEOs: The CEO’s role in Enterprise Risk Management (ERM)
59 minutes -
Many women suffer in silence under domestic abuse – SYA Empowerment Network
1 hour -
OSP arraigns ex-NPA boss Mustapha Hamid, nine others on 54 corruption charges
1 hour -
Asantehene to present Bawku mediation report to Mahama on Dec. 16
2 hours -
Parliament not clothed to declare Kpandai seat vacant – Kyei-Mensah-Bonsu
2 hours -
Trump criticises ‘weak’ European leaders over Ukraine and immigration
2 hours -
Full text: NPP’s speech on Kpandai election petition judgement
2 hours
