Petrol floor falls 11% to GH¢13.69 from Monday, not the 18% some posts imply, as cooking gas jumps 16%

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    The minimum price for a litre of petrol will fall to GH¢13.69 from Monday 16 November, from GH¢15.39. That is a cut of 11.0%, according to floors Joy Business reported on Saturday morning, citing the National Petroleum Authority (NPA).

    The diesel floor falls 3.9%, from GH¢17.41 to GH¢16.73. The floor for liquefied petroleum gas (LPG), used for cooking, rises 16.0%, from GH¢13.73 to GH¢15.93 a kilogramme. The new window runs to 30 November.

    3News reported that the figures had not yet appeared on the NPA's own website or Facebook page when it checked on Saturday. When StatsGH checked the NPA price-floor page at about 10:08 GMT, the latest downloadable window was still 16 to 31 October, and there was no document for 16–30 November.

    The authority's latest-news page also had no announcement of the new window. Yesterday our cedi and fuel round-up said the window had not been published.

    What X is getting wrong

    The news spread fast on X on Saturday, but not every post got the size of the cut right.

    A post by @sua_nyansaa_ said: "Fuel prices are projected to drop sharply starting Monday: Petrol: GH¢16.67 to GH¢13.69 Diesel: GH¢18.47 to GH¢16.73". Those starting figures are not the old floors. Measured that way, petrol would fall 17.9% and diesel 9.4%.

    Comparing a pump price with a floor is not like-for-like. Floor to floor, the cuts are 11.0% and 3.9%.

    Joy Business called the petrol cut "almost 13%". On the old floor it is 11.0%. Even measured against the new floor, it is 12.4%.

    An earlier version of the MyJoyOnline story, still visible in some search results under a web address that said it "increases diesel", said diesel would "go up" from GH¢17.41 to GH¢16.73. The live page now says diesel will "go down". The figures show a fall, which Chale News also pointed out.

    @tv3_ghana had it right: "petrol GH¢13.69 a litre (down about 11%)".

    The bigger picture

    The new petrol floor is the lowest since the 16 to 31 July window (GH¢13.28), according to Pumply's record of NPA floors. It is 16.8% below the 1 to 15 October peak of GH¢16.45.

    It is also the biggest cut in a single window since mid-June, when the floor fell 11.9%, from GH¢15.20 to GH¢13.39.

    LPG is moving the other way. At GH¢15.93, its floor is the highest in Pumply's record, which goes back to April 2024.

    NPA petrol and diesel floors, GH¢ a litre

    By pricing window, 1 May to 16–30 November 2026. The 16–30 November point (13.69) and the 1–15 October peak (16.45) are marked. Lower panel: LPG floor, GH¢ a kilogramme, for windows Pumply records; gaps are left blank.

    PetrolDiesel
    13
    14
    15
    16
    17
    18
    16.45
    13.69
    1 May
    16
    1 Jun
    16
    1 Jul
    16
    1 Aug
    16
    1 Sep
    16
    1 Oct
    16
    1 Nov
    16 Nov

    LPG floor, GH¢ a kilogramme

    11
    13
    15
    15.93
    1 May
    16
    1 Jun
    16
    1 Jul
    16
    1 Aug
    16
    1 Sep
    16
    1 Oct
    16
    1 Nov
    16 Nov

    Source: NPA via Joy Business (16–30 November window) and Pumply (May to 1–15 November); StatsGH calculations. The new window is from news reports citing the NPA and is not yet on the authority's website.

    A floor is not a pump price. It excludes traders' premiums and the margins of bulk distributors and marketing companies, the NPA says. Star Oil was already selling petrol at GH¢15.55, which is GH¢1.86 above the new floor, 3News reported.

    In the 1 to 15 November window, the average brand price for petrol tracked by Pumply was GH¢16.42. That is GH¢1.03 above that window's floor.

    If marketers kept the same gap, petrol would average about GH¢14.72. That is an illustration, not a forecast.

    A falling price also makes the fixed fuel levy weigh more. The GH¢1.95-a-litre Energy Sector Shortfall and Debt Repayment Levy on petrol does not change with the price, as our dumsor levy story showed.

    It is 14.2% of the new floor, up from 12.7%.

    Limitations

    The new floors come from news reports citing the NPA, not from an NPA document. We will update this story when the NPA publishes them. Pumply's floor record is a secondary source.

    It has gaps, especially for LPG and before May 2026, so the "lowest since" and "highest" comparisons rely on the windows it records. Pump prices are set by each company and will vary.

    Sources

    Comments

    Numbers behind the story +

    Figures used

    • New petrol price floor: GHS 13.69 a litre (Down 11.0% from GH¢15.39 in the 1–15 November window; news reports citing the NPA, not yet on the NPA site)
    • New cooking-gas (LPG) floor: GHS 15.93 a kilogramme (Up 16.0% from GH¢13.73; highest in Pumply's record)
    • New diesel price floor: GHS 16.73 a litre (Down 3.9% from GH¢17.41)

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