The National Petroleum Authority (NPA) has announced new minimum prices for petroleum products for the first pricing window of April, with diesel set to sell at no less than GH¢17.10 per litre and petrol pegged at a minimum of GH¢13.30 per litre.
Liquefied Petroleum Gas (LPG) will also retail at a minimum price of GH¢10.71 per kilogram during the same period.
The revised price floor reflects ongoing movements in the international oil market, driven in part by renewed geopolitical tensions in the Middle East, which continue to influence global crude oil prices.
The new benchmarks mark a significant increase compared to the second pricing window of March (March 16–31), when petrol, diesel, and LPG were priced at GH¢11.57, GH¢14.35, and GH¢10.67 respectively.
Under the current petroleum pricing framework, the price floor represents the minimum rate at which Oil Marketing Companies (OMCs) and LPG Marketing Companies (LPGMCs) are allowed to sell their products.
Industry observers say it remains to be seen how competition among OMCs will play out in the new pricing window, particularly after the intense price competition witnessed in late March.
The NPA has indicated that all market players are expected to comply with the new minimum pricing regime or face regulatory sanctions.
 has announced new minimum prices for petroleum products for the first pricing window of April, with diesel set to sell at no less than GH¢17.10 per litre and petrol pegged at a minimum of GH¢13.30 per litre.){kind=link}