Fuel prices have seen a marginal increase in the first pricing window of January 2025, causing concerns among consumers and stakeholders.

State-owned oil marketing company GOIL, adjusted its prices upwards, effective January 2, 2025.

Petrol, which was sold at GH?14.75 per litre in the second pricing window of December 2024, is now selling at GH?14.99 per litre. Diesel has also seen an increment, moving from GH?15.45 per litre to GH?15.60 per litre.

Total Energies has adjusted its fuel prices. Petrol, which was sold at GH?15.30 per litre on December 20, 2024, is now priced at GH?15.50 per litre.

Similarly, the price of diesel has increased from GH?15.80 per litre to GH?15.99 per litre.

Other oil marketing companies, including Star Oil and Shell, have maintained their prices from the second pricing window of December 2024.

Star Oil continues to sell petrol at GH?14.75 per litre and diesel at GH?14.99 per litre.

Meanwhile, prices remain at GH?15.30 per litre for petrol and GH?15.66 per litre for diesel at Shell.

The adjustments come at a time when Ghanaians are grappling with the economic pressures associated with fuel price hikes.

This is because fuel price increments tend to have a rippling effect on the economy, influencing transportation costs, food prices, and overall inflation.

The issue of fuel pricing is expected to be a significant focus of the John Mahama-led administration which officially takes office today.

Stakeholders in energy sector have in the past called on the government to prioritize measures to stabilize fuel prices, given their widespread impact on various sectors of the economy.