Petroleum product prices are expected to see slight increases at the pumps starting today, April 2.
According to the latest Pricing Outlook Report obtained by JoyBusiness, which guides Oil Marketing Companies (OMCs) from April 1 to April 15, 2025, petrol prices are anticipated to rise by 2%, bringing the price per liter to GHC 15.20, while diesel will increase by 1.1%, reaching GHC 15.35 per liter.
However, there is a small reduction in the price of Liquefied Petroleum Gas (LPG), which is expected to decrease by 0.3%, with a kilogram costing GHC 17.30.
These price changes follow three consecutive price cuts in the past month. The main reason for the increase is the rise in global crude oil prices, driven by supply constraints due to U.S. sanctions and trade policies affecting major oil producers like Iran and Venezuela.