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Fuel prices set for sharp rise from Aug. 1 as crude oil surge, cedi weakness bite

By GhanaSummary Newsroom1 min read
Fuel prices set for sharp rise from Aug. 1 as crude oil surge, cedi weakness bite

According to the latest pricing outlook by the Chamber of Oil Marketing Companies (COMAC), covering the August 1 to August 15, 2026 pricing window, all three major petroleum products are expected to record significant increases.

Motorists and consumers are set to pay more for petroleum products from Friday, August 1, as rising global crude oil prices and the depreciation of the Ghana cedi push up ex-pump prices.

Why Prices Are Rising According to COMAC, the projected increases are being driven by a sharp rise in global crude oil prices and higher prices for refined petroleum products.

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