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Although international crude oil prices fell below USD70/bbl for the first time since the escalation...
Although international crude oil prices fell below USD70/bbl for the first time since the escalation of...
Crude and Refined Products Price Review and Outlook Global crude oil prices declined by...
Crude and Refined Products Price Review and Outlook Global crude oil prices have fallen...
Crude and Refined Products Price Review and Outlook International crude oil prices plummeted significantly...
Crude and Refined Products Price Review and Outlook International crude oil prices surged to approximately...
The Ghana Chamber of Bulk Oil Distributors (CBOD) participated in the Chamber of Oil Marketing Companies (COMAC)...
Accra, Ghana – April 08, 2026 – The Chamber of Bulk Oil Distributors has taken note of recent developments...
Crude and Refined Products Price Review and Outlook The price of crude in the international market has...
Although international crude oil prices fell below USD70/bbl for the first time since the escalation of hostilities involving the United States, Israel, and Iran in early March, prices remained elevated relative to pre-conflict levels. The sharp decline in crude prices followed the ceasefire agreement reached in early July, which eased geopolitical tensions and improved market sentiment. During the conflict, crude oil prices surged from about USD65/bbl to nearly USD130/bbl, significantly disrupting global energy markets and supply chains...
Crude and Refined Products Price Review and Outlook Global crude oil prices declined by 19.73% during the period under review, representing a substantial 39.82% correction from the war-induced peak of USD130/bbl recorded at the height of the US/Israel–Iran conflict. Crude oil prices averaged USD78.12/bbl, approximately 4.96% above pre-conflict levels. The sharp decline was primarily driven...
Crude and Refined Products Price Review and Outlook Global crude oil prices have fallen below USD100/bbl for the first time since the conflict involving the United States, Israel, and Iran began in March, following a fragile ceasefire agreement. Prior to the truce, escalating hostilities and retaliatory attacks across the Gulf region pushed crude prices to...
Crude and Refined Products Price Review and Outlook International crude oil prices plummeted significantly by about 12.33% in the period under review, averaging around USD114 per barrel, after surging to nearly USD130 per barrel in the first week of April, the highest level since 2022. The decline was largely driven by improved market sentiment following...
Crude and Refined Products Price Review and Outlook International crude oil prices surged to approximately USD130 per barrel in the first week of April, marking the highest level since 2022. This compares to the peak of about USD133 per barrel recorded in May 2022, following the onset of the Russia-Ukraine War, which significantly disrupted global...
The Ghana Chamber of Bulk Oil Distributors (CBOD) participated in the Chamber of Oil Marketing Companies (COMAC) Safety Week 2026, where the Chief Executive Officer, Dr. Patrick K. Ofori, delivered a keynote address at the official launch of the programme. Speaking on the theme, “Managing Risk Before It Becomes an Incident,” Dr. Ofori emphasised that...
Accra, Ghana – April 08, 2026 – The Chamber of Bulk Oil Distributors has taken note of recent developments involving actions of the office of the Special Prosecutor within the petroleum sector...
Crude and Refined Products Price Review and Outlook The price of crude in the international market has witnessed an unprecedented surge since 28th February, when the US and Israel jointly attacked Iran. Crude prices have since then escalated to their highest in years due to the continual attacks on oil refineries and other storage infrastructure...
The Chief Executive Officer of the Ghana Chamber of Bulk Oil Distributors (CBOD), Dr. Patrick K. Ofori, participated as a speaker at the Argus West Africa Oil Forum held in Accra on March 10, 2026, where he delivered a presentation on sustaining the region’s refined petroleum products supply chain. In his presentation, Dr. Ofori highlighted...
Market Outlook – 16th to 31st July 2026 Pricing Window
Although international crude oil prices fell below USD70/bbl for the first time since the escalation of hostilities involving the United States, Israel, and Iran in…
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