Fuel price hikes hit UAE, Ghana, Nigeria and Côte d’Ivoire
The United Arab Emirates' Fuel Price Committee approved a rise of 20 fils per litre for all fuel grades on 1 August 2026, increasing Super 98 to Dh 3.60 and diesel to Dh 3.80 per litre. In Ghana, the Chamber of Oil Marketing Companies projected petrol to rise about 7.6 % and diesel about 12.5 % for the August pricing window, while the National Petroleum Authority set new price floors of GH¢14.53 per litre for petrol and GH¢16.97 per litre for diesel. The hikes are linked to a 23 % jump in global crude prices and heightened US‑Iran tensions. Nigeria’s Dangote Petroleum Refinery offered petrol at N1,215 per litre, slightly cheaper than the landed cost of imported petrol at N1,223.32 per litre, prompting calls to end imports. Côte d’Ivoire’s Ministry of Mines, Petroleum and Energy raised the retail price of super gasoline to 905 FCFA per litre and diesel to 725 FCFA per litre. All four countries cite rising international oil prices and, in some cases, currency depreciation as drivers of the increases.
Entities: Bulk Oil Distribution Companies · Chamber of Oil Marketing Companies (COMAC) · Chamber of Petroleum Consumers · Dangote Petroleum Refinery · Ghana · Ministry of Mines, Petroleum and Energy (Côte d’Ivoire) · National Petroleum Authority · National Petroleum Authority (Ghana) · Star Oil · UAE Fuel Price Committee
Claims
What the coverage asserts, and how well corroborated each claim is across sources.
- [● 3 SOURCES] Dangote Petroleum Refinery offered petrol at N1,215 per litre, while the landed cost of imported petrol was N1,223.32 per litre on 29 July 2026. (MEMAN energy bulletin.)
- [● 2 SOURCES] Brent crude averaged $90 per barrel during the review period. (Energy bulletins cited in Nigeria reports.)
- [● 3 SOURCES] Ghana's Chamber of Oil Marketing Companies projected petrol to rise about 7.58 % and diesel about 12.5 % for the August 2026 pricing window. (COMAC price outlook for August 2026.)
- [● 2 SOURCES] The Ghanaian cedi depreciated by about 1.41 % against the US dollar during the August pricing period. (COMAC pricing outlook.)
- [○ 1 SOURCE] Côte d’Ivoire raised the retail price of super gasoline to 905 FCFA per litre and diesel to 725 FCFA per litre for August 2026. (Ministry of Mines, Petroleum and Energy announcement.)
- [○ 1 SOURCE] UAE Fuel Price Committee increased all fuel grades by 20 fils per litre for August 2026. (UAE fuel price increase announced on 1 August 2026.)
- [○ 1 SOURCE] Ghana's National Petroleum Authority set price floors of GH¢14.53 per litre for petrol and GH¢16.97 per litre for diesel for 1‑15 August 2026. (NPA price floor announcement.)
- [● 3 SOURCES] The fuel price hikes are attributed to a 23 % rise in global crude oil prices and heightened US‑Iran tensions affecting the Strait of Hormuz. (Analysts and industry bodies.)