V8 drivers in Ghana now save up to GHS 237 per tank after major fuel price drop

On Monday, 19 May 2025, GOIL surprised drivers nationwide by slashing its Super XP (RON 95) price to GH₵13.27 per litre and Diesel XP to GH₵13.87 per litre. This marks one of the steepest fuel price cuts in recent memory and ignited celebration at pumps across the country. The move comes on the back of a strengthening cedi and stabilized international crude oil prices, prompting Oil Marketing Companies to pass savings on to motorists in real time.

This reduction is especially good news for V8 owners, who typically spend significantly more to fuel their vehicles. The powerplants under the bonnets of these performance cars, muscle vehicles, and luxury SUVs are notorious for their fuel consumption. On average, a modern petrol-powered V8 consumes between 10 and 15 litres per 100 km on mixed roads—easily climbing higher with aggressive driving. For instance, the Mercedes-Benz G 500 and G63, both equipped with 4.0L twin-turbo V8s, return just 11.5–12.1 L/100 km on a combined cycle, underscoring the segment’s reputation for “serious thirst.”

The Toyota Land Cruiser, on the other hand, especially the diesel variant, consumes around 12.2 L/100 km, while the 5.7L petrol model hits a whopping 16.37 L/100 km. At its peak, filling up the petrol Land Cruiser cost approximately GHS2,150, while the diesel version was around GHS1,150.

Earlier in the fuel pricing timeline, Super XP cost GHS14.64 per litre in the first pricing window of November 2024, with Diesel XP at GHS15.45. By December 2024, petrol hovered around GHS14.99 and diesel at GHS15.72 per litre. Under the new administration, which has prioritized cedi stability, today’s rates—GHS13.27 for Super XP and GHS13.87 for Diesel XP—represent savings of up to GHS1.37 for petrol and GHS1.85 for diesel compared to December prices.

This comes as a relief, especially for upper-income earners, business owners, and government officials who typically drive V8-powered SUVs like the Toyota Land Cruiser, Cadillac Escalade, and Mercedes-Benz G-Wagon—vehicles with engines as large as 6.4L and some of the lowest fuel economy ratings.

In contrast, owners of smaller, more fuel-efficient cars are also seeing welcome savings. For example, the Toyota Corolla, which previously cost around GHS727 to fill, now costs approximately GHS666. The Toyota Camry with a V6 engine has dropped from GHS873 to about GHS799. These better miles-per-gallon ratings mean even greater proportional savings and more smiles at the pump.

Now, V8 drivers can let their engines roar without fear of emptying their wallets. Imagine flooring the accelerator, hearing the engine come alive, and knowing you’re still saving money at the pump. Whether it’s a quick trip to town or a spirited weekend drive, every kilometre feels a little sweeter—and a lot more affordable.

Drivers who once braced for four-figure refueling bills can now enjoy their rides with less financial stress. Whether you’re carving corners on the Tema Motorway or cruising stylishly through city streets, the new prices ease the blow of owning a gas-guzzling giant. And though fuel budgeting remains important, this price drop feels like a green light for V8 lovers to hit the open road again. In this new era of friendlier fuel rates, speed and savings are no longer mutually exclusive.