Even though domestic consumers have recently seen a notable decline in fuel costs, Ghana concludes the year positioned 23rd on the African continent for the highest petroleum prices.
Data from GlobalPetrolPrices.com as of mid-December 2025 indicates that petrol in the country is priced at approximately $1.297 per litre, while diesel is trading at $1.145 per litre.
These figures place Ghana in the middle of the continental spectrum, far below the Central African Republic, which holds the top spot with a price of $1.883 per litre. Other nations facing significantly higher costs include Senegal, Zimbabwe, Burkina Faso, and Cameroon.
Conversely, oil-producing nations like Libya, Angola, and Algeria continue to offer the lowest prices on the continent, with Libya’s rates sitting as low as $0.028 per litre.
The current global landscape shows Brent crude trading at $60.47 per barrel, a factor that has contributed to the local downward trend. In response to these international market conditions and projections from the Chamber of Oil Marketing Companies, several local retailers have initiated price cuts during the final weeks of December.
Industry forecasts suggest that overall petroleum prices could drop by as much as 4.0% per litre during this window. Specifically, petrol is anticipated to settle around GH¢12.90 per litre, while diesel prices are expected to decrease by nearly 4.59%, bringing the pump price down to approximately GH¢13.20 per litre. This local relief, while welcomed by motorists, remains framed by a broader continental market where Ghana remains more expensive than several of its regional neighbors, including Nigeria and Egypt.
