The World Bank has forecasted strong gains for industrial commodities like energy and metals in 2017; holding crude oil price forecast for the year at $55 per barrel, due to tightening supply and...
The World Bank has forecasted strong gains for industrial commodities like energy and metals in 2017; holding crude oil price forecast for the year at $55 per barrel, due to tightening supply and...
This would bring the oil producer group's membership to 14 countries Equatorial Guinea has now applied to join the Organization of the Petroleum Exporting Countries, an OPEC source familiar with the...
The dollar slid broadly on Monday after U. S. President Donald Trump struck a protectionist tone in his inauguration speech, undermining optimism over the U.S. economy spurred by his promises of tax...
Figures about how much money the U. S. needs to rebuild the infrastructure of its brides, tunnels, roads, and airports differs wildly. In 2013, the American Society of Civil Engineers put the needed...
Goil, has denied allegations that it was being funded by government to subsidize its product Ghana’s leading oil marketing company, Goil, has denied allegations that it was being funded by...
sms, Matthew Pobee, 02.01.2017, 13:24 “When you want to sell African Print and Fashion in London, do not cooperate with a Black Man. Find a White Man as only they cherish and understand the value...
Oil Marketing Companies (OMCs) in the country have justified the continuous increases in prices of petroleum products this month. The deregulation of the downstream petroleum sector allows OMCs to...
Oil Marketing Companies (OMCs) in the country have justified the continuous increases in prices of petroleum products this month. The deregulation of the downstream petroleum sector allows OMCs to...
Crude prices edged up in early Friday trade following reports that major producers have started cutting production as pledged, strengthening views the global oil glut was ebbing. On the New York...
Nigeria's former President Goodluck Jonathan did not receive kickbacks from a $1.3bn deal involving oil giants ENI and Shell which is under investigation in Italy, his spokesman said on Tuesday. In a...
Former Nigerian president Goodluck Jonathan is alleged to have received kickbacks for a $1.3 billion illegal oil deal with giants ENI and Shell in contravention of domestic laws. AFP reports that...
Oil fell by $1 a barrel on Monday as signs of growing U. S. production outweighed optimism that many other producers, including Russia, were sticking to a deal to cut supplies in a bid to bolster the...
Asian stocks cut early gains as investor caution grew before a news conference by President-elect Donald Trump on Wednesday, where his views on global trade and China will be carefully scrutinized...
The price of petrol and diesel in the UK has risen to its highest since July 2015, following a three-pence-a-litre increase in December alone. The average cost of unleaded petrol hit 117.23p at the...
Oil prices rose in the first trading hours of 2017, buoyed by hopes that a deal between OPEC and non-OPEC members to cut production, which kicked in on Sunday, will be effective in draining a global...
U. S. oil prices rose in the first trading hours of 2017 on Tuesday, buoyed by a deal for OPEC and non-OPEC production cuts which kicked off on Sunday. U.S. benchmark West Texas Intermediate (WTI)...
Oil prices have slumped since the summer of 2014 from above $100 a barrel Oil prices have slumped since the summer of 2014 from above $100 a barrel. The price rout, due to an oversupply thanks in...
Oil jumped 1.7 percent Tuesday, continuing its year-end rally with support from expectations of tighter supply once the first output cut deal between OPEC and non-OPEC producers in 15 years takes...
Outgoing Finance Minister Seth Terkper, who also doubles as acting Power Minister, has assured Ghanaians there will be no increment in fuel prices at least during the Yuletide. “As we stand here...
