Get ready for a fuel price shake-up in early March 2026, but don't expect a major shockwave. The Chamber of Petroleum Consumers (COPEC) predicts subtle shifts in fuel costs, leaving many wondering how their wallets will fare. Here's the breakdown: petrol prices are set to climb by 3.59%, landing somewhere between GH¢11.8 and GH¢13 per litre. Diesel, on the other hand, will see a more modest increase of 1.52%, ranging from GH¢12.73 to GH¢14.0 per litre. But here's where it gets interesting: Liquefied Petroleum Gas (LPG) users might catch a break, with prices potentially dipping by 1.57%, hovering between GH¢11.48 and GH¢12.69 per kg. And this is the part most people miss: these changes aren't happening in a vacuum. They're driven by global market forces, including a slight 1.25% uptick in international crude prices and rising Free On Board (FOB) costs for petrol and diesel. Even the cedi's 0.24% appreciation can't fully shield consumers from these adjustments. LPG's slight decline? That's thanks to a minor drop in FOB prices. But here's the controversial bit: COPEC is urging Oil Marketing Companies (OMCs) to tread carefully, warning against overburdening consumers with these marginal changes. After all, local fuel prices remain highly sensitive to global trends. Is this a fair ask, or should OMCs prioritize profit margins? Weigh in below—your take could spark a much-needed conversation about the balance between consumer welfare and market dynamics.
