Workers of the Bulk Oil Storage and Transportation Company (BOST) are blaming the high petroleum prices in the country on some private individuals who they claim have formed ‘great cartel’ to...
Former Petroleum Minister Emmanuel Armah Kofi Buah has asked government to scrap the special petroleum tax with immediate effect. “I think it is important that in the face of the numerous taxes,...
Commercial Drivers and consumers of petroleum products on Wednesday demonstrated against government over the rising fuel prices in the country. The demonstration dubbed: “TE SO OOOOO TON” (Stop...
The Chamber of Petroleum Consumers (COPEC) has threatened to hold a nationwide demonstration against the government if it fails to reduce petroleum prices within a week. COPEC made this known...
The Chamber of Petroleum Consumers, Ghana (COPEC) is demanding the immediate reduction and stabilization of fuel prices in the country. It says “the excuses must indeed end, the taxes must be...
Prices of fuel are likely to see further drop in the first pricing window of July by about 2%. This is according to the Institute of Energy Security (IES). The Institute believes indicators such as...
Hisham Gaber had been preparing his wedding for months, but started to have second thoughts as inflation in Egypt rocketed due to government austerity measures, including sharp increases in fuel...
Egypt announced a new sharp increase in fuel prices on Thursday, as it slashes government subsidies in a tough IMF-backed reform programme. The cabinet said that 82 octane petrol would sell for 3.65...
The local fuel market in the first Pricing-window in June 2017 recorded interesting turn of events. Prices were projected by Institute of Energy Security () to rise up to 4% based on global oil...
The Institute for Energy Security (IES) has predicted a reduction in fuel prices at the pumps in the second fuel pricing window beginning June 16. Principal Research Analyst Richmond Rockson...
The local fuel market in the first Pricing-window in June 2017 recorded interesting turn of events. Prices were projected by Institute of Energy Security (IES) to rise up to 4% based on global oil...
Falling US gasoline prices drove inflation and retail sales down in May, defying expectations and raising more questions about the economy and the pace of interest rate increases this year. The...
Falling US gasoline prices drove inflation and retail sales down in May, defying expectations and raising more questions about the economy and the pace of interest rate increases this year. The...
Falling food and energy prices helped keep US wholesale inflation flat in May, in another sign of slackening price pressures, the Labor Department reported Tuesday. The new figures come as the US...
The Institute of Energy Security (IES) has predicted an average drop of 1.03% percent in fuel prices for the second pricing window. According to IES, current developments across the globe indicate...
Fuel prices will remain fairly stable in the first pricing window in May. This is a prediction by the Institute for Energy Security (IES). According to the institute, the slight fall of Brent crude...
Last year, consumption of aviation turbine kerosene (ATK), the fuel used by aircraft, rose by 17.9 per cent to 140,272 metric tonnes. The increment was due to the removal of taxes on the product and...
UK inflation held steady last month, as rising prices for food and clothing were offset by lower air fares. The Office for National Statistics (ONS) said inflation as measured by the Consumer Prices...
The Chamber of Petroleum Consumers (COPEC) is advocating for a national transport policy as a means of regulating transport fares in the country. The call has become necessary, due to the recent...
The Institute for Energy Security (IES) has predicted a further drop of fuel prices by about 2% in the 1st pricing window of April. The Institute believes the drop could be attributed to the removal...
