Organization of Petroleum-Exporting Countries

Top Stories

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...

International

Dollar Slips, Shares Wobbly After Trump’s Protectionist Address

The dollar slid broadly on Monday after U. S. President Donald Trump struck a protectionist tone in his inauguration...

International

American Infrastructure Needs $808 Billion Upgrade

Figures about how much money the U. S. needs to rebuild the infrastructure of its brides, tunnels, roads, and airports...

Business

We Are Not Subsidised By Government – Goil CEO

Goil, has denied allegations that it was being funded by government to subsidize its product Ghana’s leading oil...

Opinion

I Hate Fake Hair

sms, Matthew Pobee, 02.01.2017, 13:24 “When you want to sell African Print and Fashion in London, do not cooperate...

Business

OMCs Justify Petroleum Price Increases

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

Top Stories

OMCs Justify Petroleum Price Increases

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

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

Goodluck Jonathan Denies Oil Deal Kickbacks

Nigeria's former President Goodluck Jonathan did not receive kickbacks from a $1.3bn deal involving oil giants ENI and...

International

Ex-Nigerian President Named In $1.3 Billion Illegal Oil Deal

Former Nigerian president Goodluck Jonathan is alleged to have received kickbacks for a $1.3 billion illegal oil deal...

International

Oil Slips $1 On Concerns U.S. Production Is Rising

Oil fell by $1 a barrel on Monday as signs of growing U. S. production outweighed optimism that many other producers,...

International

Asian Stocks Cut Gains As Caution Grows; Dollar Eyed

Asian stocks cut early gains as investor caution grew before a news conference by President-elect Donald Trump on...

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...

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...