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: Energy economics
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...
‘Dumsor’ Won’t Return – John Jinapor
Outgoing deputy Energy minister John Jinapor has downplayed fears that the dreadful energy crisis will befall the nation again next year. According to him, the Mahama-led administration has put in...
Dumsor Is Coming Back- ACEP Warns
The African Center for Energy Policy (ACEP) has warned that Ghana may face power crisis by next year. The caution was contained in a report released by the group. According to ACEP, the danger the...
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...
OPEC, Non-OPEC Agree First Global Oil Pact Since 2001
OPEC and non-OPEC producers on Saturday reached their first deal since 2001 to curtail oil output jointly and ease a global glut after more than two years of low prices that overstretched many...
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...
Google Data Centres To Be 100% Renewable-Powered By 2017
Google has confirmed it will hit its target of offsetting 100% of the energy used at its data centres and offices against power from renewable sources. The firm first made the commitment in 2015 to...
Extend Election Security To Fuel Stations
The Chamber of Petroleum Consumers Ghana ( COPECGH ) is calling on the security agencies to put in place every the necessary contingency measures to extend the needed protection to the various fuel...
OPEC Deal Sends Oil Spiking 14% In 3 Days
Don't blink. You might miss another jump in oil prices. Crude has spiked 14% in just the past three days, ending Friday at a 17-month high of $51.68 a barrel. OPEC breathed new life into crude this...
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,...
Oil Price Soars As Opec Agrees Output Cut
Saudi Arabia agreed to cut output by about 500,000 barrels per day - a total reduction of 4.5%. The oil cartel Opec has agreed its first supply cut in eight years in order to boost the price of oil....
Oil Prices Drop Ahead of Opec Meeting
The price of benchmark crude oil has fallen almost 4% as traders question whether Opec can agree on a deal to limit production. In September the oil exporting cartel members voted for the first...
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...
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...