Oil Prices Slip As OPEC, IEA Data Underscores Crude Glut
Oil prices slipped on Friday as the market refocused on a persistent supply overhang that is not expected to abate ...
Tag: Commodity markets
Oil Prices Dip Awaiting OPECs Cut In Output
Oil prices fell in early trading on Friday, as the market refocused on a persistent fuel supply overhang that is ...
COPEC-GH Demands Reduction In Fuel Prices
The Chamber of Petroleum Consumers Ghana (COPEC-GH) has asked Oil Marketing Companies (OMCs) operating in the country to review their ...
Gov’t Negotiates To Access Remaining US$3bn Chinese Loan
Government is in strategic negotiations with Chinese authorities to access the remainder of the US$3 billion loan for energy and ...
‘Don’t Base Budget Allocations On Revenue From Oil and Gas’
The head of Energy, Oil & Gas Unit of the Real Sector of the Ministry of Finance, Dr Joseph Asenso, ...
Fuel Price Increments Unjustified – Group
The Institute for Energy Security, an energy policy think tank, has described the recent increment in price of petroleum products ...
NPA, Think Tank, Clash Over Fuel Prices
The National Petroleum Authority (NPA) and the Chamber of Petroleum Consumers Ghana have clashed over reported fuel prices increases. In ...
Fuel Price Up By 4% Not 11%
The National Petroleum Authority (NPA) has described an announcement by the Chamber of Petroleum Consumers (COPEC) of Ghana that fuel ...
NPA Playing Mischief – COPECGH
The denial by the National Petroleum Authority (NPA) concerning recent reports of fuel price increases smacks of “mischief”, the Executive ...
Fuel Prices Up 11%
Fuel prices across various outlets in the country have increased between three and 11 per cent, the Chamber of Petroleum ...
Russia Is Planning For Low Oil Prices
Russia is betting oil prices will stay low for a long time. President Vladimir Putin's government has just set a ...
Fuel Prices Likely To Go Up Again
The Chamber of Petroleum Consumers Ghana, has forecast a likely 7-13 percent fuel price adjustment beginning Sunday October 16. According ...
Algeria Calls For OPEC Supply Side Action
Algiers (AFP) - Algerian Energy Minister Noureddine Boutarfa on Wednesday pressed demands for action on an oil supply glut and ...
OPEC To Cut Output By 750,000 Barrels Per Day
Algiers (AFP) - The Organization of Petroleum Exporting Countries (OPEC) has agreed to cut production by 750,000 barrels a day, ...
Fuel Prices To Remain Stable – IES
Prices of fuel products are expected to remain steady in the second fuel pricing window which begins on Friday, September ...
LPG Shortage Looms
The Institute For Energy Security (IES) is warning of a possible shortage of Liquefied Petroleum Gas (LPG) this month. “Within ...
Fuel Could Climb By 20 Pesewas In September – IES
Following the rebound in the global oil market price of both crude and refined petroleum, decrease in new imports to ...
Mixed Reactions Over Transport Fares As Fuel Prices Shoot Up
Drivers within the capital have expressed mixed reactions over the possible increase in transport fares following an increase in the ...
Fuel Prices To Go Up By 4-7%
Consumers of fuel will be paying more on fuel beginning September 1, the Chamber of Petroleum Consumers Ghana (COPECGH) has ...
Massive Layoffs Hit Ghana’s Oil & Gas Industry
The General Transport, Petroleum and Chemical Workers’ Union (GTPCWU) has warned that hundreds of its members are set to lose ...