Petrol price floor cut to GH¢15.39 for November as diesel floor rises (NPA)

The National Petroleum Authority has cut the petrol and LPG price floors for the 1-15 November pricing window and raised the diesel floor. Floors are not pump prices - here is what changed and what to watch from 1 November.

By Ernest · 28 October 2026

An Allied filling station in Ghana, with pumps under a canopy and a price board by the road. — An Allied filling station in Ghana, June 2026. Photo: Mawududzi-godwyn, Wikimedia Commons, CC BY-SA 4.0; adapted.

The key facts

Petrol price floor	GH¢16.09 → GH¢15.39 per litre (-70 pesewas)
Diesel price floor	GH¢17.09 → GH¢17.41 per litre (+32 pesewas)
LPG price floor	GH¢13.89 → GH¢13.73 per kg (-16 pesewas)
Applies to	1-15 November 2026 pricing window
Current pump example	One major marketer sells petrol at GH¢16.45, diesel at GH¢17.95 per litre

What the NPA changed

The National Petroleum Authority (NPA) has lowered the petrol price floor from GH¢16.09 to GH¢15.39 per litre and the LPG floor from GH¢13.89 to GH¢13.73 per kilogram for the November 1-15 pricing window. The diesel floor moves the other way, up from GH¢17.09 to GH¢17.41 per litre.

These are price floors, not pump prices. According to the NPA, the floors exclude the premiums charged by International Oil Trading Companies, the operating margins of Bulk Import, Distribution and Export Companies, and the margins of Oil Marketing Companies and LPG Marketing Companies. Each company sets those charges independently under the Petroleum Products Pricing Formula, so the final price you pay is decided at each station.

A small gas filling station in Ghana with a taxi parked outside. — A gas filling station in Ghana. The LPG floor falls to GH¢13.73 per kilogram for the first half of November. Photo: Efo Komla, Wikimedia Commons, CC BY-SA 4.0; adapted.

What it could mean at the pump

Lower floors give marketers room to cut petrol and LPG prices from 1 November, while the higher diesel floor points to upward pressure on diesel. But nothing is automatic: marketers can pass on all, part or none of the change. As Citi Newsroom notes, the key indicator is the actual pump prices oil marketing companies announce from 1 November, not the floors alone.

For reference, one major oil marketing company currently sells petrol at GH¢16.45 per litre and diesel at GH¢17.95 per litre.

Bar chart comparing NPA price floors for the previous window and the 1-15 November window: petrol 16.09 to 15.39, diesel 17.09 to 17.41, LPG 13.89 to 13.73 Ghana cedis. — NPA price floors, previous window versus 1-15 November 2026. Petrol and diesel are per litre; LPG is per kilogram. Chart: Kaaklo, from NPA figures.

The international picture

The changes land against rising crude oil prices. For the previous window, which took effect on 16 October, the Chamber of Oil Marketing Companies said average crude prices rose 2.03% to US$126.73 per barrel, while international refined product prices moved in different directions: LPG up 7.77%, diesel down 6.68% and petrol down 3.93%. Petrol and diesel prices fell marginally at the pumps in that window, which the Chamber attributed to lower refined product prices and government subsidy measures, while LPG was projected to rise about 18.5% per kilogram.

For November, reports say the cedi's recent appreciation against the dollar may help cushion the impact of more expensive crude on local fuel prices.

The Batsonaa Total Service Station on Spintex Road in Accra, with cars parked in front. — The Batsonaa Total Service Station on Spintex Road, Accra. Marketers set their final pump prices independently under the pricing formula. Photo: Maame1Yaa, Wikimedia Commons, CC BY-SA 4.0; adapted.

What to watch

Price floors are revised for each pricing window, so the next check is what stations actually charge from 1 November. Petrol and LPG users could see some relief; diesel users should watch for an increase. The pump board at your station is the final word.

Source: National Petroleum Authority price floors for the 1-15 November 2026 pricing window, as reported by MyJoyOnline and Citi Newsroom on 28 October 2026. October window figures are from a Chamber of Oil Marketing Companies report as cited by the same outlets.