Oil prices rose on Monday as investors showed record confidence in prices rising further, though gains were capped by the prospect of faster growth in U. S. oil production. Brent crude oil LCOc1 rose...
Commodity-related sectors led European shares lower for a third straight session on Friday while the dollar was poised for a weekly losses as the "Trumpflation trade" lost momentum. World stocks have...
U. S. oil prices fell on Friday after government data released late on Thursday showed stockpiles rose last week for a seventh straight week, although losses were muted as inventory growth was well...
The Chamber of Petroleum Consumers(COPEC) has discredited reports that fuel prices will go up this week. The Institute of Energy Security (IES) predicted a 3 percent increase in fuel prices for the...
The Chamber of Petroleum Consumers Ghana (COPECGH) has noted that prices of petroleum products in the country will remain fairly stable. A statement signed by Duncan Amoah, Executive Secretary,...
The Institute of Energy Security (IES) has predicted a percent increase in fuel prices next week. According to the Institute, due to current developments around the world, it is likely prices for the...
Oil slipped on Friday, pressured by growing global stocks, while expectations that an oil output cut by producers might eventually balance the market helped to underpin prices. Brent crude futures...
The Institute for Energy Security (IES) has indicated fuel prices could go up by 3% if government does not take any action to address recent developments in the energy sector. In a statement issued...
The Institute for Energy Security (IES) has indicated that if government does not take any action to address recent developments in the energy sector, fuel prices could go up by three per cent at the...
All things being equal, fuel prices will not travel beyond 15 percent increase in 2017, some industry analysts anticipate. This is largely due to a forecast that the price of oil will end the year at...
Oil prices slid on Wednesday to extend falls from the previous session, as a big increase in U. S. crude inventories and a slump in Chinese demand implied that global oil markets remain oversupplied...
Oil prices rose on Monday, with traders shifting money into crude futures as the dollar weakened, and as concerns rose that new U. S. sanctions against Iran could be extended to affect crude...
Oil prices fell on Thursday after official data showed U. S. crude and gasoline stockpiles rose sharply, although signs that OPEC and other producers are holding the line on output cuts helped...
Prices of fuel must be cut by between 1 and 4% in the first pricing window for February, the Chamber of Petroleum Consumers Ghana has said. In a statement, the Chamber said prices of fuel products...
The Chamber of Petroleum Consumers is calling on the various Bulk Distribution Companies (BDCs) and Oil Marketing Companies (OMCS) to reduce fuel prices between 1-4% to ease the current pressures on...
The Acting CEO of the Tema Oil Refinery (TOR), Isaac Osei has allayed concerns over any significant impact on supplies of petroleum products following the suspension of works at the refinery....
The Acting CEO of the Tema Oil Refinery (TOR), Isaac Osei has allayed concerns over any significant impact on supplies of petroleum products following the suspension of works at the refinery....
The World Bank is forecasting strong gains for industrial commodities such as energy and metals in 2017, due to tightening supply and strengthening demand. In its January 2017 Commodity Markets...
The World Bank has forecasted strong gains for industrial commodities like energy and metals in 2017; holding crude oil price forecast for the year at $55 per barrel, due to tightening supply and...
The World Bank has forecasted strong gains for industrial commodities like energy and metals in 2017; holding crude oil price forecast for the year at $55 per barrel, due to tightening supply and...