Weekly price of petrol in Ghana 2020-2025

As of March 17, 2025, the price of gasoline in Ghana stood at 15.76 Ghanaian cedis (GHS) per liter, corresponding to 1.02 U.S. dollar. The price of gasoline decreased by 0.2 Ghanaian cedi compared to the prices in the beginning of February 2025.

Increasing petroleum consumption

In December 2024, about 173,900 metric tons of gasoline were consumed in Ghana, which represented an increase in consumption compared to the same period in preceding year. Furthermore, in 2024, over 5.3 million metric tons of petroleum products were consumed in the country, of which around 340,500 metric tons were Liquefied petroleum gas (LPG) - Butane.

Ghana’s oil production and trade

According to latest data form 2020, 173,000 barrels of crude oil per day were produced in Ghana. In 2023, at the company level, Ghana Oil Company Limited (GOIL), one of the leading petroleum product marketing companies in Ghana, accumulated revenue from sales amounting to 12.3 billion Ghanaian cedis (GHS), roughly 796.4 million U.S. dollars. Comparatively, in the same year, Total Petroleum Ghana, also a major petroleum company in the country, registered a revenue that amounted to slightly over six billion GHS, some 3.9 billion U.S. dollars.