MONROVIA, Liberia – The Ministry of Commerce and Industry has announced upward adjustments in the wholesale and retail prices of both gasoline (PMS) and fuel oil (AGO) on the Liberian market, effective April 4, 2026.
In a monthly price circular issued Friday, the Ministry said it acted in close consultation with the management of the Liberia Petroleum Refining Company (LPRC). Gasoline prices increased by twenty-two United States cents ($0.22) per unit, while fuel oil rose by seventy-seven United States cents ($0.77).
Under the new price ceiling structure, the wholesale selling price for gasoline is set at US$4.81, with a retail pump price of US$5.09 or L$950.00. For fuel oil, the wholesale price stands at US$6.27, while the retail pump price is US$6.55 or L$1,225.00. The Ministry noted that it is using the Central Bank of Liberia’s February 13, 2026 exchange rate of L$187.00 to US$1.00.
The Ministry’s Inspectorate Team has been tasked with closely monitoring the approved ceiling prices to prevent arbitrary hikes at the pump. Officials said the team will also ensure that importers do not undercut fellow competitors or hoard products on the market.
The circular was signed by Hon. Magdalene Ellen Dagoseh, Minister of Commerce and Industry, and Hon. Amos B. Tweh, Managing Director of the Liberia Petroleum Refining Company.
The announcement comes under the Ministry’s GROW agenda, which stands for “Good policy for trade, Revitalizing the economy, Opening up the Private Sector and facilitating Work opportunities for the future.”
