BOST Workers Blame ‘cartel’ For High Petroleum Prices In Ghana
Workers of the Bulk Oil Storage and Transportation Company (BOST) are blaming the high petroleum prices in the country on ...
Tag: Price of oil
Scrap Special Petroleum Tax Now
Former Petroleum Minister Emmanuel Armah Kofi Buah has asked government to scrap the special petroleum tax with immediate effect. “I ...
IFS Advocates Comprehensive Hedging Plan For Ghana’s Oil
The Institute of Fiscal Studies (IFS) has urged government to consider a comprehensive hedging programme that would cover imports and ...
Higher Oil Prices Boost ExxonMobil, Chevron Earnings
US petroleum giants ExxonMobil and Chevron reported big jumps in second-quarter profits Friday, the latest boost from a recovery in ...
ExxonMobil Q2 Profits Nearly Double On Higher Oil Prices To $3.4 Bn
ExxonMobil saw its second-quarter profits nearly double from the year-ago period due to higher oil prices and better refining margins, ...
Down the Drain? The Economic Costs of Illicit Financial Flows In Africa’s Extractive Sector [Article]
Resource-rich African countries are facing significant economic headwinds. Nigeria, Africa’s largest oil producer, depends on oil for over 90% of ...
Dow, S&P 500 End Week At Records; Dollar Tumbles
Wall Street stocks finished at fresh records Friday following solid bank earnings, while the dollar retreated after lackluster US data ...
Dow At Record, European Stocks Up As Yellen Pledges Gradual Rate Hikes
European and US stocks scored solid gains Wednesday, with the Dow ending at a fresh record, as investors welcomed congressional ...
Oil, Gas Key To World Energy For ‘decades To Come’
Oil and gas will remain central to the world's supply of energy for decades to come, despite a surge of ...
Solid Jobs Report Lifts US Stocks, Dollar
Wall Street stocks rallied and the dollar advanced Friday following a better-than-expected US jobs report for June, while equities elsewhere ...
Fuel Prices To Drop By 2% In First Pricing Window In July
Prices of fuel are likely to see further drop in the first pricing window of July by about 2%. This ...
Nigeria Begins Yam Exports To Europe, US
Nigeria on Thursday began to export yams to Europe and the United States, as part of moves to diversify its ...
Chad Leader Says Glencore Oil Contract Was Irresponsible
Chad President Idriss Deby said Sunday his country had been "irresponsible" in striking oil for cash deals with Swiss commodities ...
PIAC Seeks Insurance Against Volatile Oil Prices
Public Interest and Accountability Committee (PIAC) wants government to consider hedging a portion of Ghana’s share of crude oil exports. ...
Possible Price Drop In Commodity-Based Stocks In the Short Term
Continuous dip in some key commodity prices on the world market is likely to impact the output of certain commodity-bound ...
Asia Markets End Week On Quiet Note As US Healthcare Bill Returns
Asian markets limped into the weekend, with energy firms still struggling after a bruising few days, while investors eye Donald ...
ACEP Opposes Hedging, Wants Stabilization Fund Fortified
The African Center for Energy Policy (ACEP) has opposed calls for Ghana to hedge its oil against global price fluctuations. ...
Ghana Projects Slight Drop In Fuel Price
The local fuel market in the first Pricing-window in June 2017 recorded interesting turn of events. Prices were projected by ...
Fuel Prices To Drop Slightly – IES
The Institute for Energy Security (IES) has predicted a reduction in fuel prices at the pumps in the second fuel ...
Local Fuel Prices To Drop Slightly
The local fuel market in the first Pricing-window in June 2017 recorded interesting turn of events. Prices were projected by ...