Commodity markets

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World Bank Project Rise In Crude Oil Price

The World Bank has forecasted strong gains for industrial commodities like energy and metals in 2017; holding crude oil...

Business

OMCs Justify Petroleum Price Increases

Oil Marketing Companies (OMCs) in the country have justified the continuous increases in prices of petroleum products...

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OMCs Justify Petroleum Price Increases

Oil Marketing Companies (OMCs) in the country have justified the continuous increases in prices of petroleum products...

Business

VRA Owes Ghana Gas $306 Million

The Public Interest and Accountability Committee (PIAC) has called on the Ministries of Finance and Energy to urgently...

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VRA Owes Ghana Gas $306 Million

The Public Interest and Accountability Committee (PIAC) has called on the Ministries of Finance and Energy to urgently...

Business

IFS Renews Pressure To Hedge Ghana’s Oil

The Institute of Fiscal Studies (IFS), has made fresh calls for Ghana to hedge its oil to protect the country from...

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IFS Renews Pressure To Hedge Ghana’s Oil

The Institute of Fiscal Studies (IFS), has made fresh calls for Ghana to hedge its oil to protect the country from...

International

Oil Higher After Saudi Arabia Cuts Output, China Imports Rise

Crude prices edged up in early Friday trade following reports that major producers have started cutting production as...

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Analysts Suggest Local Refining of Crude

Oil and gas analyst, Kwame Jantuah has advised the NPP government to increase the country’s capacity to refine more...

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Analysts Suggest Local Refining of Crude

Oil and gas analyst, Kwame Jantuah has advised the NPP government to increase the country’s capacity to refine more...

Business

Review Special Petroleum Tax Levy

The Chamber of Petroleum Consumers (COPEC) has called on government to review the special petroleum tax levy. This they...

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Review Special Petroleum Tax Levy- COPEC

The Chamber of Petroleum Consumers(COPEC) has called on government to review the special petroleum tax levy. This they...

International

Fuel Prices Hit 18-Month High, After Opec Production Cuts

The price of petrol and diesel in the UK has risen to its highest since July 2015, following a three-pence-a-litre...

Business

Fuel Price Up 9%

The Chamber of Petroleum Consumers of Ghana has criticised Oil Marketing Companies (OMCs) for increasing fuel prices by...

International

Oil Prices Rise As Markets Eye OPEC, Non-OPEC Production Cuts

U. S. oil prices rose in the first trading hours of 2017 on Tuesday, buoyed by a deal for OPEC and non-OPEC production...

International

Oil Jumps 1.7 Percent, Adds To Year’s Gains Ahead of OPEC Cuts

Oil jumped 1.7 percent Tuesday, continuing its year-end rally with support from expectations of tighter supply once the...

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Prepare For My Exit – TOR MD To Staff

The Managing Director of the Tema Oil Refinery (TOR), Kwame Awuah Darko, has asked staff of the company to prepare for...

Business

TOR To Refine TEN Project Crude Despite Doubts

The Tema Oil Refinery (TOR) is said to have taken delivery of the first crude oil produced from the Tweneboa, Enyenra...

International

U.S. Refiners Cash In On Mexico’s Record Fuel Imports

U. S. Gulf Coast refiners are cashing in on rising fuel demand from Mexico, shipping record volumes to a southern...