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
-
Why Ghana’s anti-corruption watchdogs are being dismantled — And the Supreme Court may seal their fate
2 hours -
Haruna Iddrisu vows to hike teacher recruitment numbers
2 hours -
First batch of 2026 Ghanaian pilgrims depart Tamale for Mecca
3 hours -
Police dismantle robbery gang in Upper East; 4 in custody, 2 dead during operation
4 hours -
Joseph Opoku’s late strike caps impressive run for Zulte Waregem
4 hours -
Multimedia Egg Market extended to today, Saturday, May 2
4 hours -
Prime Insight to tackle power woes and BoG loss debate this Saturday
5 hours -
Prince Amoako Jnr scores in Nordsjaelland draw against Brøndby
5 hours -
US to cut troop levels in Germany by 5,000 amid Trump spat with Merz
5 hours -
Sale of gold bought between 2023 and 2024 saved Bank of Ghana from a GH¢33 billion loss
5 hours -
Kurt Okraku – A man of two versions
5 hours -
Hoshii International secures gold sponsorship for Accra 2026 African Senior Athletics Championships
5 hours -
Ghana’s growth outlook dims slightly amid US-Iran conflict – Fitch Solutions
6 hours -
BoG lost GH¢9.05bn from gold purchase programme in 2025
6 hours -
Andre Ayew was my childhood hero – Kofi Kyereh
6 hours