NPA Reduces Petrol Price Floor to GH¢13.69 and Diesel to GH¢16.73 for November 16

According to MyJoyOnline on Saturday, November 14, 2026, the National Petroleum Authority (NPA) has announced a reduction in the minimum price floors for petrol and diesel ahead of the second petroleum pricing window for November.

Under the new arrangement, the price floor for petrol has been reduced from GH¢15.39 to GH¢13.69 per litre, while diesel has also decreased from GH¢17.41 to GH¢16.73 per litre.

The revised prices are expected to take effect from November 16 to November 30, 2026, and could bring some relief to motorists and businesses that depend heavily on petroleum products.

The reduction in petrol represents a significant change compared with the previous pricing window, giving Oil Marketing Companies (OMCs) room to adjust their pump prices downwards.

However, the changes are not entirely favourable to consumers of all petroleum products, as Liquefied Petroleum Gas (LPG) is expected to become more expensive.

According to the report, the minimum price floor for LPG has increased from GH¢13.73 per kilogramme to GH¢15.93 per kilogramme.

This means households that depend on cooking gas could face higher costs during the next pricing window, depending on the final prices introduced by individual LPG marketing companies.

The NPA explained that the announced price floors do not include premiums charged by International Oil Trading Companies, operating margins of Bulk Import, Distribution and Export Companies, as well as the margins applied by Oil Marketing Companies and LPG Marketing Companies.

These additional charges are determined independently by the respective companies under the approved Petroleum Products Pricing Formula.

Consequently, the actual prices consumers will pay at filling stations may differ from the announced minimum price floors.

Meanwhile, some fuel marketing companies have already started adjusting their prices ahead of the new pricing window.

Star Oil, for instance, has reportedly reduced its prices three times within the past week and is currently selling petrol at GH¢15.55 per litre and diesel at GH¢18.37.

Allied Oil has also adjusted its prices, selling petrol at GH¢15.50 per litre and diesel at GH¢18.20.

JP has similarly reduced its petrol price to GH¢15.95 per litre, while diesel is selling at GH¢18.35.

The Chamber of Oil Marketing Companies has attributed the recent changes in petroleum prices to the appreciation of the Ghanaian cedi and declining prices of crude oil and finished petroleum products on the international market.

The NPA normally reviews petroleum prices twice every month, on the first and 16th days.

The latest announcement is therefore expected to influence fuel prices across the country as Ghanaians prepare for the second half of November.

While the reduction in petrol and diesel price floors could offer some relief to motorists, the increase in LPG means households using cooking gas may have to prepare for higher expenses. 

Firenews feedback-opera-news-app@opera.com