petroleum
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...
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...
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...
BOST’s Strategic Reserve Boosts Fuel Security – Awuah Darko
The Strategic Petroleum Reserve Programme (SPRP) initiated by the Bulk Oil Storage and Transportation (BOST) Limited...
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...
TOR To Refine TEN Project Crude Despite Doubts
The Tema Oil Refinery (TOR) is said to have taken delivery of the first crude oil produced from the Tweneboa, Enyenra...
U.S. Refiners Cash In On Mexico’s Record Fuel Imports
U. S. Gulf Coast refiners are cashing in on rising fuel demand from Mexico, shipping record volumes to a southern...
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...
TOR Increases Daily Crude Production By 20,000 Barrels
The Tema Oil Refinery (TOR) is set to increase its daily production capacity following a successful test run of the...
TOR Increases Daily Crude Production By 20,000 Barrels
The Tema Oil Refinery (TOR) is set to increase its daily production capacity following a successful test run of the...
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...
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...
Oil Sector Experiences Shock
The decline in crude oil prices on the world market has gravely affected the country’s oil sector, which is likely to...
GOIL Remains Biggest OMC Under Price-Deregulation
Ghana Oil Company Limited (GOIL) remains the biggest Oil Marketing Company (OMC) in the country in terms of both market...
Fuel Prices Drop Slightly Ahead of December Election
The Chamber of Petroleum Consumers Ghana has announced that fuel prices have gone down at the pump between 1 to 4...
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...
Western Region To Become International Oil Hub Under NPP – Akufo-Addo
The Western Region can expect to be transformed into an international oil hub if the New Patriotic Party’s (NPP)...