Price of oil
Pound Firms, Oil Drops As Markets Await British Vote, Comey Hearing
The pound climbed Wednesday on the eve of the British general election, while oil prices fell hard after a US inventory...
Political Risk Weighs On European Stocks
European stocks slid on Tuesday as political risk once again returned to the fore with Italy nearing a deal for early...
Declining Oil Prices Will Least Affect Ghana – Economist
Some Economists have ruled out any significant impact on Ghana’s economy following the declining global oil prices....
Declining Oil Prices Will Least Affect Economy – Economist
Some Economists have ruled out any significant impact on Ghana’s economy following the declining global oil prices....
Oil Price Plummets Despite Deal To Extend Output Cut
The price of oil has plummeted by about 5%, despite oil-producing nations agreeing to extend production cuts for a...
Trump Budget Proposes Deep Cut To US Oil Stockpile
President Donald Trump's budget released Tuesday proposed radically downsizing the US Strategic Petroleum Reserve,...
Oil Producers To Extend Output Curbs At OPEC Meeting
Oil producers inside and outside the OPEC cartel have little choice but to extend their deal from late 2016 curbing...
Iraq Agrees To Nine-Month Extension of OPEC Production Cut
Iraq has agreed to a nine-month extension of a production cut pact among OPEC members that is aimed at boosting crude...
Asian Energy Firms Lead Market Gains On Hopes For Oil Ouput Cut
Energy shares led a broad rally across Asian markets on Monday as oil prices were boosted by growing hopes that an...
Saudi Minister Confident of Oil Cut Extension
Saudi Arabia's energy minister expressed confidence on Sunday of extending a global cut in oil production designed to...
Russia’s Economy Is On the Mend
Russia is heavily dependent on oil exports and was hit hard when crude prices started to crash The country is...
US Oil Output Back Near Records, Challenging OPEC
American oil production is approaching record levels again, led by shale projects, potentially foiling efforts by OPEC...
I’m Impressed With GOIl’S Growth – New Board Chair
The newly appointed Board Chairman of oil marketing giant GOIL Kwamena Bartels has described the indigenous firm as a...
Fuel Prices To Drop In 2nd Pricing Window of May – IES
The Institute of Energy Security (IES) has predicted an average drop of 1.03% percent in fuel prices for the second...
Russia, Saudi Call For Oil Output Deal Extension
The world's biggest oil producers Russia and Saudi Arabia on Monday called for extending an output reduction deal ahead...
Oil Price Tumbles To Five-Month Low
The oil price has fallen to a five-month low as investor concerns resurface about a worldwide glut. Brent crude dropped...
Oil Prices Have Plunged 15% In 3 Weeks
Renewed fears about the oil supply glut have sent crude prices plunging 15% Renewed fears about the oil supply glut...
Politics, Potholes and Price Drops
Kenya plans to export its first oil in June, but analysts say the test phase faces major challenges and appears...
Fuel Prices To Remain Fairly Stable In May
Fuel prices will remain fairly stable in the first pricing window in May. This is a prediction by the Institute for...