Price of oil

Headlines

Oil Earnings Surge But Some Question Skimpy Investment

Rising crude prices drove huge profits for US oil industry giants, but key figures in the sector have raised concerns...

Business

Goil Adjudged Best Oil Marketing Company For 2016.

Chamber of Petroleum Consumers Ghana (COPEC-GH) has adjudged Goil, a Ghanaian owned oil company with the largest Market...

Headlines

GE Profitable Again In Q1; Oil Earnings Fall

Higher power and aviation earnings helped General Electric return to profitability in the first quarter as it announced...

Headlines

Oil Producers ‘might Have To’ Extend Output Cuts

Saudi Arabia's energy minister said on Thursday that oil-producing countries might have to extend output cuts agreed...

Headlines

Oil Producers ‘might Have To’ Extend Output Cuts

Saudi Arabia's energy minister said on Thursday that oil-producing countries might have to extend output cuts agreed...

Headlines

OPEC ‘optimistic’ Oil Output Cuts Leading To Price Recovery

Oil-exporting cartel OPEC is confident that production cuts agreed with non-members to prop up prices will lead to a...

International

UK Inflation Rate Remains At 2.3%

UK inflation held steady last month, as rising prices for food and clothing were offset by lower air fares. The Office...

Business

Businesses Advised To Hedge Against Cedi Volatility

An Economist for Global Markets at Stanbic Bank, Mr. Ayomide Mejab, has advised local businesses on the need to hedge...

International

Oil Price Jumps After US Strike On Syria

The price of oil has hit its highest level for a month in response to the US military's missile attack on a Syrian...

Business

AFAG Opposes 15% Hike In Transport Fares

Pressure group Alliance for Accountable Governance (AFAG) has expressed shock at the announcement of a 15% increment in...

Top Stories

National Transport Policy To Avert Indiscriminate Price Hikes Advocated

The Chamber of Petroleum Consumers (COPEC) is advocating for a national transport policy as a means of regulating...

Business

Fuel Prices To Drop By 2 Percent In April

The Institute for Energy Security (IES) has predicted a further drop of fuel prices by about 2% in the 1st pricing...

Headlines

US Stocks Shake Gloom As Oil Tops $50/barrel

Wall Street stocks rallied Thursday, shrugging off uncertainty over President Donald Trump's agenda and advancing as US...

Business

Fuel Prices To Drop Further

Prices of petroleum products are expected to fall further in the first pricing window of April, the Institute for...

Top Stories

GOIL Reduces Fuel Prices Again

For the second time in March this year, GOIL has reduced prices of its petroleum products at its fuel stations across...

Top Stories

GOIL Announces Another Reduction In Fuel Prices

CIMG Petroleum Company of the year, GOIL, has taken the lead to reduce its ex-pump prices of petroleum products again,...

Headlines

Saudi Arabia Loses Fitch Rating Over Budget Concerns

Saudi Arabia on Wednesday lost its high-quality credit rating from the Fitch agency, which lowered the kingdom a notch...

International

Halfway Into 2017’s Oil Supply Cut, Asia Remains Awash With Fuel

Halfway into an OPEC-led oil supply cut, Asia remains awash with fuel in a sign that the group's efforts to rein in a...

Business

Fuel Prices To Reduce Further

The Deputy Finance Minister-designate, Kwaku Kwarteng, has assured that fuel prices will see further reduction...