oil market

News

ACEP Opposes Hedging, Wants Stabilization Fund Fortified

The African Center for Energy Policy (ACEP) has opposed calls for Ghana to hedge its oil against global price...

International

Oil Prices Have Plunged 15% In 3 Weeks

Renewed fears about the oil supply glut have sent crude prices plunging 15% Renewed fears about the oil supply glut...

Headlines

IMF Says Fiscal Reform Moving Gulf In ‘right Direction’

Oil-exporting Arab states of the Gulf are heading "in the right direction" to plug budgetary gaps thanks to fiscal...

Headlines

Oil Earnings Surge But Some Question Skimpy Investment

Rising crude prices drove huge profits for US oil industry giants, but key figures in the sector have raised concerns...

Headlines

US Stocks Shake Gloom As Oil Tops $50/barrel

Wall Street stocks rallied Thursday, shrugging off uncertainty over President Donald Trump's agenda and advancing as US...

Headlines

Saudi Says ‘committed’ To Oil Market Stability

Saudi Arabia is committed to stabilising the global oil market, the energy ministry of the world's biggest oil exporter...

International

Titans of Oil World Meet In Houston After Two-Year Price War

The biggest names in the oil world come together this week for the largest industry gathering since the end of a...

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...

Top Stories

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...

Business

Oil Extends Slide Below $46 On Skepticism Over Opec Output Deal

Oil extended declines to slip below US$46 a barrel amid skepticism over OPEC’s ability to reach an agreement to cut...

International

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...

International

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...

International

Nigeria, Libya Output To Push Down Oil Price

Oil production from members of the Organisation of Petroleum Exporting Countries (OPEC) may have reached a new record,...

Business

Cedi Stability To Be Sustained

The stability of the Ghana cedi against the major foreign currencies, particularly the United States dollar, is...

Business

BoG Maintains Policy Rate At 26%

The chairman of the Monetary Policy Committee of the Bank of Ghana (BoG), Dr. Abdul-Nashiru Issahaku, has expressed...

Top Stories

Policy Rate Remains Unchanged At 26%

The Monetary Policy Committee of the Bank of Ghana has once again maintained its policy rate at 26 percent. This was...