The Chamber of Petroleum Consumers (COPEC) has issued a warning that fuel prices at Ghanaian pumps are likely to climb in the second pricing window of September, starting on the 16th, after Brent crude oil crossed the $100‑per‑barrel threshold.
Executive Secretary Duncan Amoah told a business interview that while crude price movements normally take several days to filter through the refining and importation chain, the recent spike could trigger an upward adjustment by mid‑September. He added that the impact would not be immediate but could be felt when the new window opens.
“It’s one of the indicators that likely prices for the next window will be a little up or higher for the Ghanaian market,” Amoah said. He noted that the already high market and importation premiums would add to the pressure on consumers, meaning motorists could see a noticeable rise in petrol costs.
Amoah also commented on transport operators who have kept fares unchanged so far. He praised the short‑term relief but warned that sustained operations could become difficult if fuel prices continue to climb.
Ghanaian commuters may therefore expect a modest increase in fuel costs from the 16th of September, as the oil market’s upward trajectory translates into higher pump prices.
