Fuel prices have risen at Shell, with petrol at GH₵14.99 and diesel at GH₵15.72, defying expectations of stability.
Fuel prices have seen an upward adjustment in December’s first pricing window, with petrol now selling at GH₵14.99 per litre and diesel at GH₵15.72 at Shell fuel stations.
This adjustment makes Shell the only oil marketing company (OMC) so far for the first pricing window of December 2024, defying earlier projections of falling fuel prices.
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Other major OMCs, including TotalEnergies, GOIL, Petrosol, and StarOil, have maintained their prices, offering some relief to consumers.
For instance, TotalEnergies continues to price petrol at GH₵14.80 and diesel at GH₵15.60, while GOIL offers petrol at GH₵14.35 and diesel at GH₵15.45. StarOil, recognized for its affordability, remains one of the most competitive on the market, with petrol priced at GH₵13.99 and diesel at GH₵14.99.
This adjustment has sparked concerns among consumers and industry watchers, especially given recent developments that suggested fuel prices could drop or at least remain stable. Globally, crude oil prices have been relatively steady in recent weeks, providing a basis for expectations of price stability.
Additionally, the Ghanaian cedi has shown signs of resilience, with its rate of depreciation slowing and even registering slight appreciations against major trading currencies. These factors had created optimism among consumers that fuel prices would reflect these positive economic indicators.
The increase at Shell, however, has disrupted these expectations. The reasons behind the price hike remain unclear, but some analysts speculate that operational costs or company-specific dynamics could be driving the adjustment.
Despite these potential factors, the timing of the increase has raised questions, especially as fuel affordability remains a pressing concern for many Ghanaians.
The upward adjustment at Shell adds to the financial burden on motorists, businesses, and households that rely on fuel for transportation and operations. With petrol and diesel prices already high, any increase further strains disposable income and raises operating costs for businesses, particularly in the transportation and logistics sectors.
Consumers now face tough choices in selecting fuel providers. While Shell has historically been a trusted name for quality fuel, its pricing could push budget-conscious consumers toward competitors like GOIL, StarOil, or Puma, which offer more affordable options.
Last Updated on March 9, 2026 by Samuel Kwame Boadu
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Samuel Kwame Boadu is a Ghanaian media entrepreneur and storyteller with a passion for amplifying urban voices and uncovering everyday truths. He is the Editor-in-Chief and Founder of Accra Street Journal, a dynamic digital platform dedicated to capturing the pulse of Ghana’s capital—its people, culture, challenges, business, sports and innovations.
