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Crude and Refined Products Price Review and Outlook International crude oil prices plummeted...
Oil prices rose on Monday, extending recent gains, building on three weeks of higher prices and reversing...
Oil-producing nations will discuss an oil output freeze at OPEC’s meeting in June, a senior Saudi oil...
Oil prices slipped on Monday as traders took profits after three weeks of gains and as a jump in the dollar late...
Emerging market stocks and currencies fell as a retreat in oil and speculation the Federal Reserve will signal...
There was much gnashing of teeth as Qatar’s grand meeting of oil producers failed to reach agreement April 17 to...
Oil prices rose on Friday, setting crude futures on course for solid weekly gains, as market sentiment turned...
Crude prices steadied on Thursday, as the International Energy Agency (IEA) said 2016 would see the biggest fall...
World stock markets climbed to their highest in almost five months on Thursday after a surge in oil prices...
The Chamber of Bulk Oil Distribution Companies says it expects the fuel shortage situation to improve significantly by the end of Monday. This follows the release of about nine million liters of petrol to retail stations across the country. Citi News’ checks reveal there are still queues at some of the pump stations despite the...
The Chief Executive Officer (CEO) of the Bulk Oil Distribution Companies (BDCs), Senyo Horsi, has given indications the current fuel shortage across the country will be resolved by close of Saturday. Mr. Horsi told Citi News, the part payment of GHC 450 million by government has paved way for petrol to be transported and supplied...
Long queues are forming at fuel filling stations in parts of Accra, triggered by motorists’ fear that there could be fuel shortage in the country in the next few days. Although many of the filling stations have diesel in stock, they have run out of Super petrol in the last three days. Report on the...
The government’s GH¢1.8 billion indebtedness to bulk oil distribution companies (BDCs) has taken a new dimension, with the potential to negatively affect the supply of petroleum products across the country in the coming weeks. This is because international suppliers of petroleum products have put under ‘lock and key’ one week’s supply of petrol and diesel...
The Bulk Oil Storage and Transportation (BOST) Company has explained that its decision to outsource the management of its petroleum storage facilities within the Accra Plains Depot to a private company is in the interest of the nation. The Managing Director of BOST, Mr Kingsley Kwame Awuah Darku, said the move had become necessary to...
The Ghana Chamber of Bulk Oil distributors is asking President Mahama to intervene and get the Bulk Oil Storage and Transport Company (BOST) to suspend the contract outsourcing the management of its petroleum storage facilities within the Accra Plains Depot, to TSL logistics Ghana Ltd, a Ghanaian subsidiary of a Nigerian-owned and based TSL Logistics...
A former CEO of the Volta River Authority (VRA) Dr Charles Wereko Brobbey has joined calls for government to suspend the contract between Bulk Oil Storage and Transport Company (BOST) and TSL logistics Ghana Ltd for the former to outsource management of its petroleum storage facilities within the Accra Plains Depot to TSL. TSL logistics Ghana Ltd...
Market Outlook – 1st to 15th May 2026 Pricing Window
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…
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