OPEC

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World Bank Project Rise In Crude Oil Price

The World Bank has forecasted strong gains for industrial commodities like energy and metals in 2017; holding crude oil...

International

Equatorial Guinea Has Applied To Join OPEC

This would bring the oil producer group's membership to 14 countries Equatorial Guinea has now applied to join the...

Business

OMCs Justify Petroleum Price Increases

Oil Marketing Companies (OMCs) in the country have justified the continuous increases in prices of petroleum products...

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OMCs Justify Petroleum Price Increases

Oil Marketing Companies (OMCs) in the country have justified the continuous increases in prices of petroleum products...

Business

Cedi Depreciation Causing Increase In Fuel Prices – COPEC

The Chamber of Petroleum Consumers (COPEC) has blamed the continuous fall of the cedi against the dollar for the recent...

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Cedi Depreciation Causing Increase In Fuel Prices-COPEC

The Chamber of Petroleum Consumers (COPEC) has blamed the continuous fall of the cedi against the dollar for the recent...

International

Oil Higher After Saudi Arabia Cuts Output, China Imports Rise

Crude prices edged up in early Friday trade following reports that major producers have started cutting production as...

International

Fuel Prices Hit 18-Month High, After Opec Production Cuts

The price of petrol and diesel in the UK has risen to its highest since July 2015, following a three-pence-a-litre...

Business

Fuel Price Up 9%

The Chamber of Petroleum Consumers of Ghana has criticised Oil Marketing Companies (OMCs) for increasing fuel prices by...

International

Oil Prices Rise

Oil prices rose in the first trading hours of 2017, buoyed by hopes that a deal between OPEC and non-OPEC members to...

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...

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

Oil Jumps 1.7 Percent, Adds To Year’s Gains Ahead of OPEC Cuts

Oil jumped 1.7 percent Tuesday, continuing its year-end rally with support from expectations of tighter supply once the...

Business

No Fuel Price Increment – Terkper

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

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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

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...

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

OPEC, Non-OPEC Agree First Global Oil Pact Since 2001

OPEC and non-OPEC producers on Saturday reached their first deal since 2001 to curtail oil output jointly and ease a...

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...