BP Profits Helped By Higher Oil Prices
The recent increase in oil prices has helped BP to record a healthy profit for the three months to March. ...
Tag: Price of oil
Oil Earnings Surge But Some Question Skimpy Investment
Rising crude prices drove huge profits for US oil industry giants, but key figures in the sector have raised concerns ...
Goil Adjudged Best Oil Marketing Company For 2016.
Chamber of Petroleum Consumers Ghana (COPEC-GH) has adjudged Goil, a Ghanaian owned oil company with the largest Market share, as ...
GE Profitable Again In Q1; Oil Earnings Fall
Higher power and aviation earnings helped General Electric return to profitability in the first quarter as it announced plans Friday ...
Oil Producers ‘might Have To’ Extend Output Cuts
Saudi Arabia's energy minister said on Thursday that oil-producing countries might have to extend output cuts agreed for the first ...
Oil Producers ‘might Have To’ Extend Output Cuts
Saudi Arabia's energy minister said on Thursday that oil-producing countries might have to extend output cuts agreed for the first ...
OPEC ‘optimistic’ Oil Output Cuts Leading To Price Recovery
Oil-exporting cartel OPEC is confident that production cuts agreed with non-members to prop up prices will lead to a recovery ...
UK Inflation Rate Remains At 2.3%
UK inflation held steady last month, as rising prices for food and clothing were offset by lower air fares. The ...
Businesses Advised To Hedge Against Cedi Volatility
An Economist for Global Markets at Stanbic Bank, Mr. Ayomide Mejab, has advised local businesses on the need to hedge ...
Oil Price Jumps After US Strike On Syria
The price of oil has hit its highest level for a month in response to the US military's missile attack ...
AFAG Opposes 15% Hike In Transport Fares
Pressure group Alliance for Accountable Governance (AFAG) has expressed shock at the announcement of a 15% increment in transport fares. ...
National Transport Policy To Avert Indiscriminate Price Hikes Advocated
The Chamber of Petroleum Consumers (COPEC) is advocating for a national transport policy as a means of regulating transport fares ...
Fuel Prices To Drop By 2 Percent In April
The Institute for Energy Security (IES) has predicted a further drop of fuel prices by about 2% in the 1st ...
US Stocks Shake Gloom As Oil Tops $50/barrel
Wall Street stocks rallied Thursday, shrugging off uncertainty over President Donald Trump's agenda and advancing as US fourth-quarter growth was ...
Fuel Prices To Drop Further
Prices of petroleum products are expected to fall further in the first pricing window of April, the Institute for Energy ...
GOIL Reduces Fuel Prices Again
For the second time in March this year, GOIL has reduced prices of its petroleum products at its fuel stations ...
GOIL Announces Another Reduction In Fuel Prices
CIMG Petroleum Company of the year, GOIL, has taken the lead to reduce its ex-pump prices of petroleum products again, ...
Saudi Arabia Loses Fitch Rating Over Budget Concerns
Saudi Arabia on Wednesday lost its high-quality credit rating from the Fitch agency, which lowered the kingdom a notch because ...
Halfway Into 2017’s Oil Supply Cut, Asia Remains Awash With Fuel
Halfway into an OPEC-led oil supply cut, Asia remains awash with fuel in a sign that the group's efforts to ...
Fuel Prices To Reduce Further
The Deputy Finance Minister-designate, Kwaku Kwarteng, has assured that fuel prices will see further reduction following the passage of amendments ...