Diesel prices at the pumps are expected to rise by about 4.07% to an average of GH¢19.15 per litre from Sunday, November 1, 2026, while petrol is projected to drop to GH¢16.72 per litre, according to the Chamber of Petroleum Consumers (COPEC).
The projections cover the first pricing window of November, which runs from November 1 to 15. COPEC said diesel would move up from a current average of GH¢18.40 per litre, while petrol would ease from GH¢17.02 per litre.
Liquefied petroleum gas (LPG), used by many households for cooking, is expected to remain broadly stable at the pumps despite a sharp jump in its international price.
The forecast comes days after the National Petroleum Authority (NPA) announced new price floors for the window, lowering the minimum prices for petrol and LPG but raising the floor for diesel.
Diesel price to rise by GH¢0.75 per litre
COPEC expects diesel to sell within a range of GH¢18.19 to GH¢20.11 per litre, depending on the oil marketing company (OMC).
The increase is driven by higher international prices. The free-on-board (FOB) price of diesel rose 2.71%, from US$1,414.78 to US$1,453.07 per metric tonne.
COPEC said this rise outweighs the benefit of the cedi’s recent gains against the US dollar.
Petrol price falls on lower world prices and stronger cedi
Petrol is expected to sell between GH¢15.89 and GH¢17.57 per litre, with an average of GH¢16.72.
The international FOB price of petrol fell 4.45%, from US$1,255.05 to US$1,199.16 per metric tonne. The cedi also appreciated by about 0.68%, with the average interbank rate moving from GH¢11.8222 to GH¢11.7411 per dollar.
“With a currency appreciation of about 0.6%, the retail price of petrol works up to Ghc16.72 per litre,” COPEC said, as reported by Joy Business.
LPG prices expected to stay stable
LPG’s international FOB price climbed from US$839.50 to US$1,003.18 per metric tonne. Even so, COPEC expects retail prices to stay broadly stable, within a range of GH¢17.54 to GH¢19.38 per kilogramme.
NPA price floors for November 1–15
The National Petroleum Authority has set the following price floors for the window:
- Petrol: GH¢15.39 per litre, down from GH¢16.09 (−GH¢0.70)
- Diesel: GH¢17.41 per litre, up from GH¢17.09 (+GH¢0.32)
- LPG: GH¢13.73 per kg, down from GH¢13.89 (−GH¢0.16)
The floors are minimum benchmarks, not final pump prices. They exclude premiums charged by international oil trading companies and the margins of bulk distributors, OMCs and LPG marketers. GhanaTrends previously reported on the NPA price floors for the October 16 window.
How November fuel prices compare
- Diesel (average pump price): GH¢18.40 → GH¢19.15 per litre (up 4.07%)
- Petrol (average pump price): GH¢17.02 → GH¢16.72 per litre (down 1.71%)
- LPG: broadly stable, GH¢17.54–GH¢19.38 per kg
- Diesel FOB: up 2.71% to US$1,453.07 per tonne
- Petrol FOB: down 4.45% to US$1,199.16 per tonne
- Cedi: GH¢11.8222 → GH¢11.7411 per dollar
What the fuel price changes mean for drivers and households
Private car owners who use petrol could pay slightly less per litre from Sunday. Commercial drivers, truck operators and businesses that rely on diesel are likely to feel the pinch most.
Higher diesel costs can feed into transport fares and the cost of moving goods, especially food from farming areas to markets.
COPEC commended the government for efforts to cushion consumers and appealed to OMCs to cut some of their operational and commercial margins, especially on diesel, to ease pressure on households, transport operators and businesses.
What happens next
OMCs such as GOIL, Star Oil and others are expected to announce their new pump prices on or around November 1. Actual prices will vary by company and could fall above or below COPEC’s projections.
The next pricing window begins on November 16, when prices will be reviewed again based on world prices and the cedi’s performance.
Key details of story: Diesel to Rise 4% to GH¢19.15, Petrol to Fall to GH¢16.72 From November 1 – COPEC
- New fuel prices take effect from Sunday, November 1, 2026.
- Diesel projected to rise 4.07% to an average of GH¢19.15 per litre.
- Petrol projected to fall to an average of GH¢16.72 per litre.
- LPG expected to remain broadly stable.
- NPA petrol floor cut to GH¢15.39; diesel floor raised to GH¢17.41; LPG floor cut to GH¢13.73.
- Cedi appreciated about 0.68% to GH¢11.7411 per dollar.
- COPEC urges OMCs to reduce margins on diesel.
FAQs on story: Diesel to Rise 4% to GH¢19.15, Petrol to Fall to GH¢16.72 From November 1 – COPEC
Will fuel prices go up on November 1, 2026 in Ghana?
Diesel is expected to go up by about 4% to an average of GH¢19.15 per litre, while petrol is expected to fall slightly to GH¢16.72 per litre, according to COPEC.
What is the NPA price floor for petrol in November 2026?
The NPA set the petrol price floor at GH¢15.39 per litre for November 1–15, down from GH¢16.09. The diesel floor is GH¢17.41 and LPG is GH¢13.73 per kg.
Why is diesel increasing while petrol is falling?
The international price of diesel rose 2.71% while petrol fell 4.45%. The cedi’s 0.68% gain was not enough to offset the higher diesel cost.
In summary, Ghanaian motorists face mixed fuel prices from November 1: petrol users may get small relief, but diesel users could pay about GH¢0.75 more per litre, with final pump prices depending on each oil marketing company.
