oil prices
Commercial Airlines Around the World Made Estimated $34.5b Profit In 2017
Commercial airlines operating around the world have made an estimated net profit of $34.5 billion as global passenger...
Higher Oil Prices Boost ExxonMobil, Chevron Earnings
US petroleum giants ExxonMobil and Chevron reported big jumps in second-quarter profits Friday, the latest boost from a...
ExxonMobil Q2 Profits Nearly Double On Higher Oil Prices To $3.4 Bn
ExxonMobil saw its second-quarter profits nearly double from the year-ago period due to higher oil prices and better...
Aircraft Jump Causes US Durable Goods To Soar In June
Orders for major US-manufactured goods spiked in June to a three-year high as civilian aircraft orders more than...
Ghana’s Trade Surplus Hits 1.4 Billion Dollars – BoG
New figures from the Bank of Ghana have shown that Ghana’s total balance of trade recorded a surplus of 1.429 billion...
Tullow Records $ 300m Loss After Tax In 2017 First Half
Tullow Oil has posted a loss after tax of 300 million dollars for the first half of this year. The figure represents a...
Down the Drain? The Economic Costs of Illicit Financial Flows In Africa’s Extractive Sector [Article]
Resource-rich African countries are facing significant economic headwinds. Nigeria, Africa’s largest oil producer,...
Dow, S&P 500 End Week At Records; Dollar Tumbles
Wall Street stocks finished at fresh records Friday following solid bank earnings, while the dollar retreated after...
Dow At Record, European Stocks Up As Yellen Pledges Gradual Rate Hikes
European and US stocks scored solid gains Wednesday, with the Dow ending at a fresh record, as investors welcomed...
Oil, Gas Key To World Energy For ‘decades To Come’
Oil and gas will remain central to the world's supply of energy for decades to come, despite a surge of interest in...
Procurement Delays Impeding New Oil Explorations – GNPC CEO
The Ghana National Petroleum Corporation, GNPC, has appealed to President Akufo Addo to intervene and grant the...
Solid Jobs Report Lifts US Stocks, Dollar
Wall Street stocks rallied and the dollar advanced Friday following a better-than-expected US jobs report for June,...
Energy Firms Hit By Oil Dive, N.Korea Crisis Fuels Uncertainty
Asian energy firms sank Thursday following a plunge in oil prices while equity traders remained on edge after North...
US Stocks Pressured By Weak Oil Shares
Petroleum-linked shares tumbled early Wednesday, on lower oil prices, pressuring US stocks, while some big technology...
US Dollar Rebounds While Global Stocks Post Gains
Rising oil prices and investor appetite for financial stocks helped boost most major US and European equities on Monday...
View Chinese Aid With ‘cautious Optimism’
The Director of the Integrated Social Development Centre (ISODEDC), Dr. Steve Manteaw wants Ghana to be “cautiously...
China To Release Remainder of CDB $3bn Loan
Vice President, Dr. Mahamadu Bawumia, has revealed that the Chinese government will release the remainder of the $3...
Chad Leader Says Glencore Oil Contract Was Irresponsible
Chad President Idriss Deby said Sunday his country had been "irresponsible" in striking oil for cash deals with Swiss...
PIAC Seeks Insurance Against Volatile Oil Prices
Public Interest and Accountability Committee (PIAC) wants government to consider hedging a portion of Ghana’s share...