OPEC
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...
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...
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...
Oil Pinned Near Three-Month Lows As Gloom Grows Over OPEC
Oil fell to its lowest in three months on Monday, as the prospect of another year of oversupply and weak prices...
Oil Prices Slip As OPEC, IEA Data Underscores Crude Glut
Oil prices slipped on Friday as the market refocused on a persistent supply overhang that is not expected to abate...
Oil Prices Dip Awaiting OPECs Cut In Output
Oil prices fell in early trading on Friday, as the market refocused on a persistent fuel supply overhang that is not...
World Bank Projects Increment In Oil Price In 2017
The World Bank is raising its 2017 forecast for crude oil prices to $55 per barrel from $53 per barrel. It explained...
World Bank Raises Oil Price Forecast For 2017
The World Bank is raising its 2017 forecast for crude oil prices to $55 per barrel from $53 per barrel. It explained...
COPEC-GH Demands Reduction In Fuel Prices
The Chamber of Petroleum Consumers Ghana (COPEC-GH) has asked Oil Marketing Companies (OMCs) operating in the country...
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,...
Russia Is Planning For Low Oil Prices
Russia is betting oil prices will stay low for a long time. President Vladimir Putin's government has just set a draft...
Benchmark Rate Inches Up
The yield on the Government of Ghana 182-day treasury rate edged up by 0.01 per cent to settle at 24.70 per cent at the...
Oil Rallies As Opec Agrees Output Cut
The oil producers cartel Opec has agreed a preliminary deal to cut production for the first time in eight years,...
Algeria Calls For OPEC Supply Side Action
Algiers (AFP) - Algerian Energy Minister Noureddine Boutarfa on Wednesday pressed demands for action on an oil supply...
OPEC To Cut Production By 750,000 Barrels Per Day
Algiers (AFP) - The Organization of Petroleum Exporting Countries (OPEC) has agreed to cut production by 750,000...
OPEC To Cut Output By 750,000 Barrels Per Day
Algiers (AFP) - The Organization of Petroleum Exporting Countries (OPEC) has agreed to cut production by 750,000...
OPEC Agrees Surprise Oil Output Cut
Algiers (AFP) - The Organization of Petroleum Exporting Countries (OPEC) agreed Wednesday to cut oil production,...
LPG Shortage Looms
The Institute For Energy Security (IES) is warning of a possible shortage of Liquefied Petroleum Gas (LPG) this month....
Fuel Could Climb By 20 Pesewas In September – IES
Following the rebound in the global oil market price of both crude and refined petroleum, decrease in new imports to...