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 […]
CBOD Expresses Deep Disappointment Over Continued Laycan Disruptions and Calls for Urgent Intervention
Accra, Ghana – 23rd June 2025 – The Chamber of Bulk Oil Distributors (CBOD) expresses deep concern and disappointment over the persistent disruption of the Laycan import programme and calls on the Ministry of Energy and Green Transition to act swiftly to safeguard the integrity of Ghana’s fuel import system. The Laycan schedule, developed through […]
Market Outlook – 16th to 30th June 2025 Pricing Window
Crude Oil and Refined Products Market Review and Outlook The global market price of crude has been on a downward trajectory since third Quarter three (Q3) 2024. Crude oil prices in the global market have declined by about 10.81% from Q1 2025 to Q2. Specifically, crude oil declined by about 9.36% since January 2025. Moreover, […]
Market Outlook – 16th to 30th April 2025 Pricing Window
Crude Oil and Refined Products Market Review and Outlook Global crude prices rose by an average of 1.38% in the first quarter of 2025 but have fallen significantly in recent weeks due to the global uncertainties arising from the current tariff war between the US and China. Crude prices peaked in February, with Brent spot […]
CBOD Engages GRA Commissioner General on Key Industry Concerns
The Chamber paid a courtesy call on the Commissioner General (CG) of the Ghana Revenue Authority (GRA), Mr. Anthony K. Sarpong, on March 14, 2025, at the GRA Head Office. The meeting was an opportunity to congratulate him on his new role and reaffirm the Chamber’s commitment to collaborating with the GRA to address key […]
Downstream Women’s Summit 2025: The Power of Excellence, Boldness, and Support
The inaugural Downstream Women’s Summit 2025, organised by the Ghana Chamber of Bulk Oil Distributors (CBOD) and National Petroleum Authority (NPA), was held on Friday, 14th March 2025, at the National Petroleum Authority in Accra. The summit was an inspiring and transformative event dedicated to empowering women in the downstream petroleum sector. The summit brought together […]
Highlights of CBOD CEO’s Presentation at OTL Africa Energy Downstream Week 2024
In a compelling presentation at the OTL Africa Energy Downstream Week 2024, Dr. Patrick Kwaku Ofori, CEO of the Ghana Chamber of Bulk Oil Distributors (CBOD), outlined key insights on Africa’s rapidly evolving energy landscape, emphasizing the opportunities and challenges ahead for the continent. Dr. Ofori highlighted Africa’s projected population growth and industrial expansion as […]
From Sprints to Crude: How Athletic Skills are Fueling Ghana’s Oil Sector
In the dynamic heart of Accra, an innovative approach is quietly reshaping Ghana’s oil and gas sector. At the helm of this change is Dr. Patrick Kwaku Ofori, CEO of the Ghana Chamber of Bulk Oil Distributors (CBOD). Drawing from his own remarkable journey from sports to the boardroom, Dr. Ofori is leading a movement […]
CBOD Supports Research on How Athletes’ Skills Can Boost Ghana’s Oil Industry
The Ghana Chamber of Bulk Oil Distributors (CBOD) partnered with Abertay University in Scotland to explore how the skills athletes develop through sports can contribute to economic development in Ghana’s oil and gas sector. Supported by the International Science Partnership Funding, this research identifies innovative solutions to address the looming skills shortage in the industry. […]
CBOD CEO calls for increased research and education to harness Local Content Development
Dr. Patrick Ofori, CEO of the Ghana Chamber of Bulk Oil Distributors (CBOD), has underscored the critical gap in research and contextualization within Ghana’s petroleum sector. He said this during a panel discussion at the Ghana International Petroleum Conference 2024. He lamented the scarcity of local research initiatives, citing a single book sponsored by the […]
