oil prices

Headlines

Three Things To Watch As Saudi Names New Heir To Throne

Mohammed bin Salman, named Saudi crown prince on Wednesday, becomes first in line to the throne as the historically...

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...

Business

Africa’s Future As Industrial Powerhouse Depends On Electricity Supply

The International Monetary Fund has predicted that the African continent is expected to become the world second-fastest...

Business

PIAC Demands Swift Clearance of $ 2.4bn Energy Sector Debts

The Public Interest and Accountability Committee (PIAC) has warned that the troubles confronting Ghana’s energy...

Headlines

Immelt To Depart As GE Names New Chief Executive

General Electric announced a leadership shakeup on Monday as it faces scrutiny after a corporate makeover executed by...

Headlines

General Electric Announces Retirement of CEO Jeff Immelt

General Electric on Monday announced the departure of chief executive Jeff Immelt, who had made the risky bet of...

Headlines

Chad Settles Tax Dispute With Foreign Oil Firms

Chad, one of the countries hardest hit by the drop in oil prices, announced that it would seek to diversify its economy...

Headlines

Kuwait Parliament Passes Deficit Budget

Kuwait's parliament Thursday passed the budget for the 2017/18 fiscal year, projecting a deficit for the third year in...

Headlines

Pound Firms, Oil Drops As Markets Await British Vote, Comey Hearing

The pound climbed Wednesday on the eve of the British general election, while oil prices fell hard after a US inventory...

International

Trump Urges Arab Unity In Call To Saudi Arabia’s King Salman

US President Donald Trump has called the king of Saudi Arabia to urge Gulf unity amid an escalating dispute over...

Headlines

Equities Advance Despite Weak US Jobs Report

Global stocks rallied Friday, with US and German markets hitting records after a lackluster US jobs report raised...

Headlines

For Egypt, 1967 War Marked End of Pan-Arab Dream

Its vaunted air force destroyed, its army humbled -- the Six-Day War of 1967 dealt Egypt a shock it has yet to overcome...

Headlines

With Or Without Trump, US Businesses Moving On Climate

President Donald Trump may be dragging out his decision on whether to ditch the Paris climate agreement, but major...

Headlines

Saudi Aramco-Hyundai In $5.2 Bn Shipyard Deal

Saudi Aramco is to build the region's biggest shipyard in a $5.2 billion joint venture with South Korea's Hyundai Heavy...

Headlines

Putin Talks Syria, Oil With Powerful Saudi Prince

Russian President Vladimir Putin on Tuesday discussed cooperation on oil and the conflict in Syria with powerful Saudi...

News

Declining Oil Prices Will Least Affect Ghana – Economist

Some Economists have ruled out any significant impact on Ghana’s economy following the declining global oil prices....

Business

Declining Oil Prices Will Least Affect Economy – Economist

Some Economists have ruled out any significant impact on Ghana’s economy following the declining global oil prices....

International

Oil Price Plummets Despite Deal To Extend Output Cut

The price of oil has plummeted by about 5%, despite oil-producing nations agreeing to extend production cuts for a...

Headlines

More Donors Can Absorb ‘shock’ of Any US Cuts

The World Health Organization should expand its donor base to better withstand the "shock" from planned deep budget...