No Fuel Price Increment – Terkper
Outgoing Finance Minister Seth Terkper, who also doubles as acting Power Minister, has assured Ghanaians there will be no increment in fuel prices at least during the Yuletide. “As we stand here...
Tag: Commodity markets
Fuel Prices Up By 6 Per Cent
Fuel prices have gone up by six per cent at the various service stations across the country, the Chamber of Petroleum Consumers Ghana has said. This current increases ranging between 4 and 6 per cent...
Oil Prices Rise In Anticipation of Tighter 2017 Market
Oil prices rose on Monday in anticipation of tighter crude supply going into 2017 following the decision by OPEC and other producers to cut output to prop up prices. Brent crude futures, the...
Fuel Prices Likely To Go Up By 2% In the Latter Part of December
The Institute of Energy Security has projected a likely increase in fuel prices for the 2nd window Fuel prices are expected to increase at the various pumps by 2% anytime from December 16, 2016....
Fuel Prices Likely To Go Up By 2%?
Fuel prices are expected to increase at the various pumps by 2% anytime from December 16, 2016. According to the Institute of Energy Security, projections for the second pricing window show that the...
Fuel Prices To Go Up By 2%
The Institute of Energy Security has said fuel prices are likely to go up by 2% from December 16 to December 31, 2016 per the second pricing window. Speaking to Benard Nasara Saibu on the Morning...
Oil Prices Soar
Oil prices today Monday 12 December shot to their highest levels since mid-2015 after OPEC and other producers reached their first deal since 2001 to jointly reduce output in order to rein in...
Oil Prices Rise On U.S. Crude Stock Decline, Weaker Dollar
Oil prices edged up in thin trading on Thursday after steep falls in the previous session, supported by a weaker dollar, positive economic data and a drawdown in U. S. crude stocks. International...
Oil Sector Experiences Shock
The decline in crude oil prices on the world market has gravely affected the country’s oil sector, which is likely to adversely affect production from the Tweneboah-Enyerra-Ntomme (TEN) fields and...
Fuel Prices Drop Slightly Ahead of December Election
The Chamber of Petroleum Consumers Ghana has announced that fuel prices have gone down at the pump between 1 to 4 percent, barely a week to the December 7 polls. A statement signed by Duncan Amoah,...
Fuel Prices Down 1
Barely a day to the end of the final pricing window for the month of November, prices of fuel across most oil marketing companies (OMCs) have dropped by between 1 and 4.23%, the Chamber of Petroleum...
BDCs Accuse Gov’t of Subsidising GOIL
The Chamber of Bulk Oil Distribution Companies (CBOD) has alleged, and Goil has denied, that government is subsidising state-owned oil companies to stay prices when there is supposed to be price...
Gov’t Must End Unhealthy Competition – BDC’s
The Chief Executive Officer of the Chamber for Bulk Oil Distribution Companies (BDC) Senyo Horsi has warned government to end alleged unfair pricing war its engaged in with some BDC’s and Oil...
Government Reduces Fuel Prices
The prices of petroleum products have reduced considerably across pump stations in the country. The reduction had come off the back of predictions by the flagbearer of the New Patriotic Party, Nana...
U.S. Opens Door To Oil Exports After Year of Pressure
U. S. opens door to oil exports after year of pressure A domestic drilling boom of the past six years has transformed the U.S into an energy powerhouse. The Obama administration on Tuesday bowed to...
Review of Fuel Prices In First Nov. Pricing Window Shows Marginal Fall
According to the Institute of Energy Security, trading activities within first pricing window for the month of November reveals most oil marketing companies are losing their market share to Goil, Top...
Fuel Prices To Fall By 1.5 and 3%
Fuel prices are expected to fall by between 1.5 and 3% in the second-pricing window for November 2016, the Institute for Energy Security (IES) has projected. “As a result of marginal loss of the...
Fuel Prices Likely To Go Down Soon – Energy Institute
The Institute for Energy Security (IES) has predicted a marginal drop in petrol and diesel prices in Ghana in the coming days. According to IES, per their analysis, diesel and petrol are likely to go...
PIAC Counsels Gov’t Into New Hedging Deal
The Public Interest and Accountability Committee (PIAC) has joined a long list of advocates that have urged government to seriously consider restoring its hedging programme in order to cushion the...
Oil Pinned Near Three-Month Lows As Gloom Grows Over OPEC
Oil fell to its lowest in three months on Monday, as the prospect of another year of oversupply and weak prices overshadowed chances that OPEC will reach a deal to cut output. Donald Trump's surprise...