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Market Outlook – 1st to 15th May 2026 Pricing Window

Crude and Refined Products Price Review and Outlook     International crude oil prices plummeted...

Building Capacity in the Downstream: CBOD Concludes Terminal Operations Training

The Chamber of Bulk Oil Distributors (CBOD), in partnership with the Canadian Petroleum Training Institute...

Market Outlook – 16th to 30th September 2025 Pricing Window

Crude Oil and Refined Products Market Review and Outlook Crude oil prices in the global market have been...

Market Outlook – 1st to 15th September 2025 Pricing Window

Crude Oil and Refined Products Market Review and Outlook Crude oil prices in the global market declined by about...

Market Outlook – 16th to 31st August 2025 Pricing Window

Crude Oil and Refined Products Market Review and Outlook The global market has largely recovered from the...

CBOD Pays Tribute to Victims of Military Helicopter Crash

The Chamber of Bulk Oil Distributors (CBOD) has laid flowers in honour of the eight gallant lives lost in the...

CONDOLENCE STATEMENT ON THE MILITARY HELICOPTER TRAGEDY

The Chamber of Bulk Oil Distributors (CBOD) extends its deepest condolences to the bereaved families, friends...

Market Outlook – 1st to 15th August 2025 Pricing Window

Crude Oil and Refined Products Market Review and Outlook  Heightened geopolitical tensions and hikes in...

Logistical and Infrastructural Constraints in the Petroleum Downstream

Among the many factors that impact the operations and efficiency of Petroleum Service Providers (PSPs) in the...

Market Outlook – 16th to 31st August 2025 Pricing Window

Crude Oil and Refined Products Market Review and Outlook The global market has largely recovered from the geopolitical tensions in June that hiked supply-risk premiums and disrupted the supply chain in June and July 2025. Crude and petroleum product prices rose sharply in June when Israel attacked Iran’s nuclear sites. The attacks led to retaliatory...

CBOD Pays Tribute to Victims of Military Helicopter Crash

The Chamber of Bulk Oil Distributors (CBOD) has laid flowers in honour of the eight gallant lives lost in the recent Ghana Armed Forces helicopter crash. The solemn tribute on Monday, August 11, was part of nationwide activities to mourn the deceased and stand in solidarity with their families. The nation has been in deep...

CONDOLENCE STATEMENT ON THE MILITARY HELICOPTER TRAGEDY

The Chamber of Bulk Oil Distributors (CBOD) extends its deepest condolences to the bereaved families, friends and the nation at large following the tragic military helicopter crash that claimed the lives of eight distinguished Ghanaians in line of national duty on Wednesday, 6th August 2025 in the Adansi Akrofuom District of the Ashanti Region. We...

Market Outlook – 1st to 15th August 2025 Pricing Window

Crude Oil and Refined Products Market Review and Outlook  Heightened geopolitical tensions and hikes in supply-risk premiums resulted in a temporary surge in crude oil prices in June by about 13%. This was largely due to the impact of the Israel–Iran conflict that resulted in the Parliament of Iran threatening the closure of the Strait...

Logistical and Infrastructural Constraints in the Petroleum Downstream

Among the many factors that impact the operations and efficiency of Petroleum Service Providers (PSPs) in the Downstream Petroleum Sector of Ghana is inadequate infrastructure. Infrastructure is the backbone of the petroleum sector, especially given the sensitive nature of petroleum products. Although emphasis has always been given to the impact of international price volatilities of...

Fix Strategic Petroleum Transport Roads – CBOD Urges Government

 The Chamber of Bulk Oil Distributors (CBOD) is urging government to prioritise the rehabilitation of critical petroleum haulage routes using proceeds from the GHS1 levy placed on every litre of fuel sold in the country. According to CBOD CEO, Dr. Patrick Kwaku Ofori, the poor condition of key transport roads—used to move petroleum products from...

Market Outlook – 16th to 31st July 2025 Pricing Window

Crude Oil and Refined Products Market Review and Outlook The international market price of crude and petroleum products has resumed trending downwards after the ephemeral spike during the Israel–Iran conflict. Although global crude prices have been on a downward trajectory since the third Quarter (Q3) of 2024 due to the uncertainties in the global economy...

Market Outlook – 1st to 15th July 2025 Pricing Window

Crude Oil and Refined Products Market Review and Outlook  The international market price of crude and petroleum products have been on a downward trajectory since third Quarter (Q3) 2024. The international market price of crude oil declined by about 12.13% on a year-on-year basis. Moreover, refined petroleum products including petrol, diesel, LPG, and kerosene have...

Fuel Supply Remains Secure, CBOD Reassures Public

The Chief Executive Officer of CBOD, Dr. Ofori, has reassured Ghanaians that the country’s fuel supply is stable, with no risk of shortages in the near term. Speaking during an interview on TV3’s Business Focus, Dr. Ofori emphasised that, based on scheduled deliveries and current stock levels, there is no threat to the consistent availability...