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Fuel Prices Set to Drop Starting June 16

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The prices of petroleum products are expected to go down significantly at the pumps from Monday, 16th June 2025, following the postponement of the GH¢1.0 Energy Sector Levy.

This is based on the Pricing Outlook Report put together by the Chamber of Oil Marketing Companies. 

According to the report, the drop in fuel prices will be the seventh since February 16, 2025.

The implementation of the levy will have pushed prices of petroleum products up.

Pricing Dynamics from June 16 2025

Based on the Pricing outlook from June 16 to 30, 2025, that Joy Business has secured from the Oil Marketing Companies (OMCs), a litre of petrol is likely to be sold at GH¢11.77. This will represent a drop of between 1.1% and 2.25% from the price quotes on June 1, 2025.

Diesel would witness one of its biggest drops in recent times, going down by as much as 4.3%. This could result in a litre being sold at the pumps at GH¢12.13.

Similarly, Liquefied Petroleum Gas (LPG) is expected to decline by 3.2%. This will result in a kilogramme being sold at GH¢13.30.

Reasons

COMAC had told Joy Business that the cedi’s continuous appreciation against the US dollar is the major reason for the reduction at the pumps.

This is despite the prices of petroleum products rising on the international market. This even got worse last week following a sudden war between Israel and Iran in the Middle East. The price of Brent crude is presently hovering around US$75 per barrel.

However, officials of the chamber have indicated that if the current spike in crude prices does not halt in the coming weeks, then consumers should brace themselves up for an increase in fuel prices from the 1st of July 2025.

Crude Oil Dynamics and Pricing

The report by COMAC also revealed that crude oil prices have been rising on the international market and is a threat to fuel price stability in the country

Tensions in the Middle East have escalated after Israel launched military strikes on Iran’s nuclear facilities, triggering a sharp rise in oil prices and heightening global uncertainty.

Crude prices climbed 4.41%, from $65.35 to $68.23 per barrel as of the time the report was being prepared. This surge was further fueled by the U.S. ordering a partial evacuation of its embassy in Iraq due to rising security concerns.

Following the rise in crude oil prices, international products for petrol and diesel surged by 1.03% and 3.94% respectively. Conversely, LPG prices declined by 1.79%.

Application of GH¢1.0 Energy Sector Levy

The various scenarios put out by the Chamber of Oil Marketing Companies showed that if the government had not suspended the additional GH¢1.0 levy, fuel prices would have witnessed a significant increase at the pumps from June 16, 2025.

The data showed that petrol will have gone up by some 9.1% per litre .

Diesel would have witnessed an 8.25% jump per litre. LPG would have still decreased by 2.29% because it wasn’t part of the petroleum product to be affected.

myjoyonline.com

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Energy

See The Areas That Will Be Affected By Power Outages On June 4

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The Electricity Company of Ghana (ECG) has announced multiple power outages for Thursday, June 4, 2026, affecting communities in the Tema, Eastern, Central, and Western Regions, with a combination of planned and emergency maintenance exercises scheduled across the country.

In the Tema Area, a planned maintenance exercise will take place from 10:00 am to 4:00pm. The affected areas include the Sea Water Desalination Plant, Maranatha, Buade, Glow Lamp, Frimpongmaa Estates, Abrantie, Dan Adams, Coastal Estates, Basket, GCB Training School, Ataa Adama, Royal Ravico, Junction Mall, Regimanuel Estates, Parakuo Estates, Queensland International School, Kpoo Keke, Best Western Premier Hotel, Leisure Hours Hotel, and extensive parts of Nungua including Zongo, Township, Traditional Council, Polyclinic and Secondary School. Also affected are the Kpeshie Divisional Police Headquarters, Coco Beach, Main 1, Father’s Hotel, C5 and surrounding areas. The notice was originally issued on Monday, June 1.

In the Eastern Region, a planned maintenance exercise will run from 8:00am to 5:00pm, affecting Sekesua, Anyamoni, Oterkpolu, Bukonor, Asesewa, Akateng and surrounding areas. This notice was originally issued on Tuesday, 2nd June.

The Central Region will experience a planned outage from 9:00am to 3:30pm, affecting Brimso Headworks, Akaikrom, Police Barrier, Ankaful Junction, Mpeasem, WAEC, Yayaaikawa, Wanyiwato, part of Dominase, Duakyimase and surrounding areas.

In the Western Region, ECG will undertake two separate exercises. The first is an emergency maintenance from 10:00am to 2:00pm, affecting Dixcove, Busua, Cape 3, Agona Damtsi, GREL and surrounding areas. The second is another emergency maintenance from 9:00am to 4:00pm, affecting Akoon, UEE, parts of Market Circle, Railway Quarters, Apinto Hospital, Cyanide, Kwabedu, Alhaji Dauda, New Atuabo, Budo City, Banso, Esuosu and surrounding areas.

ECG has expressed regret for the inconvenience that will arise from all these exercises. The company has advised affected customers to make alternative arrangements for power-dependent activities during the specified hours.

All notices were originally issued between Monday, June 1 and Wednesday, June 3, 2026. ECG assured that power supply would be restored to all affected areas upon completion of the scheduled maintenance works. Customers have been encouraged to contact ECG’s official communication channels for further updates.

graphic.com.gh

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General News

Today’s Newspaper Headlines: Thursday, 4th June, 2026

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General News

Assin Edubiase: School Bus ‘Plunges’ Into River, Two Pupils Killed

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Tragedy struck when a school bus transporting more than 40 pupils of a preparatory school at Assin Edubiase in the Assin South District of the Central Region veered off the road and plunged into a river.

It resulted in the death of two kindergarten pupils of the Alice Elites Academy.

The deceased, a three-year-old and a five-year-old, were among pupils who were in the Mercedes-Benz Sprinter bus with registration number AS 2218-20.

The accident occurred on the Assin Kwafokrom-Homaho stretch on Monday [June 1, 2026].

Graphic Online understands that the driver reportedly lost control of the vehicle, it veered off the road, and plunged into the river.

Dozens of pupils got injured.

ASP Wonder Lumor from the Motor Traffic and Transport Department (MTTD) of the Central North Regional Police Command told Graphic Online that the 40 injured pupils were transported to health facilities for emergency medical care.

According to him, 22 of the victims were taken to the St. Francis Xavier Hospital, while the 18 others received treatment at the Assin Edubiase Health Centre.

ASP Lumor explained that all the injured pupils responded positively to treatment and were later discharged.

graphic.com.gh

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