Some Oil Marketing Companies (OMCs) have begun adjusting pump prices at the start of the second pricing window of April, effective Thursday, April 16, 2026, reflecting a modest easing in ex-pump rates.

Star Oil has reduced its prices in line with the new minimum pricing benchmarks set by the National Petroleum Authority for the second pricing window of April.

Petrol has been cut by 3 pesewas per litre, from GH¢13.30 to GH¢13.27, while diesel recorded a sharper drop of GH¢1.00 per litre, falling from GH¢17.10 to GH¢16.10.

Its RON 95 product has also been revised downward to GH¢14.67 per litre from GH¢14.99. The new price is to take effect from 8:00 a.m.

Petrol is now selling at GH¢13.27 per litre, down from GH¢13.30, while diesel has declined to GH¢16.10 per litre from GH¢17.10. Super XP 95 price remains unchanged at GH¢15.77.

The adjustments took effect from 6:00 a.m.

The reductions mark a turnaround after successive increases in recent pricing windows, driven largely by volatility in global oil markets amid Middle East tensions.

The latest adjustments also follow the government’s intervention to absorb GH¢2.00 per litre on diesel and GH¢0.36 per litre on petrol, aimed at cushioning consumers against rising fuel costs.

The intervention is expected to support further marginal reductions across the market, with more OMCs likely to review their prices in the coming days.

Credit/Citinews