
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
-
Funeral Invitation: Elder Dr. (Pharm.) Samuel Kwasi Nkansah
2 hours -
Oil prices fall 1% to 4-month lows as progress in US-Iran talks cools supply concerns
5 hours -
Mass school kidnappings in Nigeria in recent years
5 hours -
Uganda finds isolated Marburg virus case, Africa CDC says
5 hours -
Kenyan court charges eight schoolgirls with their fellow students’ murder
5 hours -
Google has exceeded $1 billion Africa investment target
5 hours -
Floods in Ivory Coast kill 59 people, government says
5 hours -
Over 900 arrested during South African anti-migrant protests
5 hours -
Communications Ministry orders Ghana Digital Centres to reverse staff suspension after floods
5 hours -
Canada to make Eurovision Song Contest debut in 2027
5 hours -
One killed after truck carrying fish runs into pedestrians at Winneba
5 hours -
Egypt optimistic Salah will be fit to face Australia
5 hours -
Absa Bank Ghana relocates head office to new Ridge headquarters
6 hours -
3 arrested in Bolgatanga for trafficking girls into prostitution
6 hours -
Concern over rise in online racist abuse at World Cup
6 hours