Organization of Petroleum-Exporting Countries

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

Buhari Presents $24bn Budget To the National Assembly

Nigeria’s President Muhammadu Buhari on Wednesday presented a record 7.298 trillion naira ($24 billion) budget for...

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...

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...

Business

Treasury Securities Continue To Slide

Yields on treasury securities continued their downturns as government’s appetite for short term securities declines....

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...

Opinion

Trump’s Election And Its Impact On Europe

It is particularly difficult to foretell what the foreign policy of a US president-elect will be. We have plenty of...

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...

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...

Business

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...

International

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...

International

The Variety of ‘Oil City’

About a month ago, photographer Eugenio Grosso traveled a 70-mile stretch in northern Iraq, from the city of Kirkuk to...

Business

Review of Fuel Prices In First Nov. Pricing Window Shows Marginal Fall

According to the Institute of Energy Security, trading activities within first pricing window for the month of November...

Business

Fuel Prices To Fall By 1.5 and 3%

Fuel prices are expected to fall by between 1.5 and 3% in the second-pricing window for November 2016, the Institute...

Top Stories

Fuel Prices Likely To Go Down Soon – Energy Institute

The Institute for Energy Security (IES) has predicted a marginal drop in petrol and diesel prices in Ghana in the...

International

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...

International

Nigerian Army Presence Prompts Niger Delta Attacks

A Nigerian armed group said the continued presence of the army in the southern Niger Delta energy hub has undermined...