oil prices

International

Oil Prices Rise As Markets Eye OPEC, Non-OPEC Production Cuts

U. S. oil prices rose in the first trading hours of 2017 on Tuesday, buoyed by a deal for OPEC and non-OPEC production...

Opinion

Neo-Colonialism, Economic Sovereignty and the Imperatives of Socialist Development

Over the last several years along the Indian Ocean coast in East Africa substantial finds of oil and natural gas...

International

Oil Down, But Ends Year With Biggest Gain Since 2009

Oil prices have slumped since the summer of 2014 from above $100 a barrel Oil prices have slumped since the summer of...

International

Some of Africa’s Currencies Struggled In 2016

From a fall in Zambia’s Kwacha blamed on halted mining production to a plummet of Nigeria’s naira due to a chronic...

Top Stories

Bawumia Takes A Jab At Amissah-Arthur

The contest between Vice President Kwasi Amissah Arthur and vice president elect Dr Mahamudu Bawumia over mastery in...

Business

No Fuel Price Increment – Terkper

Outgoing Finance Minister Seth Terkper, who also doubles as acting Power Minister, has assured Ghanaians there will be...

Business

Economic Growth Will Not Slump

Finance Minister Mr Seth Terkper has expressed optimism that there will be no reversal in the growth of the economy...

Top Stories

Fuel Prices Up By 6 Per Cent

Fuel prices have gone up by six per cent at the various service stations across the country, the Chamber of Petroleum...

International

Dollar Hits New 14-Year High, Dow Sets Sights On 20,000

The dollar hit a 14-year high on Tuesday as the yen fell after the Bank of Japan stuck to its ultra-loose monetary...

International

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...

International

Asia Stocks Find Relief As China Set To Return Seized U.S. Drone

Asian shares steadied in early trade on Monday after China agreed to return a U. S. drone it had seized, easing worries...

Business

Oil Prices Soar

Oil prices today Monday 12 December shot to their highest levels since mid-2015 after OPEC and other producers reached...

International

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...

International

Russian Oil Giant In Surprise $11bn Deal

The Kremlin has announced that commodities trader Glencore and Qatar's sovereign wealth fund are together buying a...

Top Stories

Ghanaians Abroad Await Election Results

Vote-counting has begun in the West African nation of Ghana, after polls to choose the country's next president and...

Business

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...

International

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...

Top Stories

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...

International

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...