Oil prices slipped on Friday as the market refocused on a persistent supply overhang that is not expected to abate unless OPEC and other producers cut their output significantly. International Brent...
Oil prices fell in early trading on Friday, as the market refocused on a persistent fuel supply overhang that is not expected to abate unless OPEC and other producers make a significant cut to their...
The Chamber of Petroleum Consumers Ghana (COPEC-GH) has asked Oil Marketing Companies (OMCs) operating in the country to review their pump prices downwards in the interest of the public. According to...
Government is in strategic negotiations with Chinese authorities to access the remainder of the US$3 billion loan for energy and gas infrastructure projects, Seth Terkper, Finance Minister has said....
The head of Energy, Oil & Gas Unit of the Real Sector of the Ministry of Finance, Dr Joseph Asenso, has cautioned against basing budget allocations on projections for revenue inflows, from the...
The Institute for Energy Security, an energy policy think tank, has described the recent increment in price of petroleum products by some Oil Marketing Companies as “unjustified” and lacking...
The National Petroleum Authority (NPA) and the Chamber of Petroleum Consumers Ghana have clashed over reported fuel prices increases. In a statement it issued Monday, October 17, the Chamber of...
The National Petroleum Authority (NPA) has described an announcement by the Chamber of Petroleum Consumers (COPEC) of Ghana that fuel prices have gone up by 11 percent as false and misleading. In a...
The denial by the National Petroleum Authority (NPA) concerning recent reports of fuel price increases smacks of “mischief”, the Executive Secretary of the Chamber of Petroleum Consumers Ghana...
Fuel prices across various outlets in the country have increased between three and 11 per cent, the Chamber of Petroleum Consumers Ghana (COPEC-GH) has indicated. This follows a review of fuel prices...
Russia is betting oil prices will stay low for a long time. President Vladimir Putin's government has just set a draft budget for the next three years based on the assumption Russia will be able to...
The Chamber of Petroleum Consumers Ghana, has forecast a likely 7-13 percent fuel price adjustment beginning Sunday October 16. According to the Chamber, “the decision for cuts in OPEC production...
Algiers (AFP) - Algerian Energy Minister Noureddine Boutarfa on Wednesday pressed demands for action on an oil supply glut and higher investment to stabilise the market as an informal OPEC meeting in...
Algiers (AFP) - The Organization of Petroleum Exporting Countries (OPEC) has agreed to cut production by 750,000 barrels a day, Bloomberg News reported Wednesday, citing a delegation member. The...
Prices of fuel products are expected to remain steady in the second fuel pricing window which begins on Friday, September 16, the Principal Research Analyst at the Petroleum Unit of the Institute for...
The Institute For Energy Security (IES) is warning of a possible shortage of Liquefied Petroleum Gas (LPG) this month. “Within the first pricing window, The Institute For Energy Security foresees...
Following the rebound in the global oil market price of both crude and refined petroleum, decrease in new imports to boost national stocks, and the relative stability of the cedi against the U. S....
Drivers within the capital have expressed mixed reactions over the possible increase in transport fares following an increase in the prices of petroleum products last Friday. Some of the drivers, who...
Consumers of fuel will be paying more on fuel beginning September 1, the Chamber of Petroleum Consumers Ghana (COPECGH) has predicted. The hikes in the pricing, the chamber explained come as figures...
The General Transport, Petroleum and Chemical Workers’ Union (GTPCWU) has warned that hundreds of its members are set to lose their jobs in the coming weeks due to the drop in world oil...
