Market Outlook – 16th to 30th January 2026 Pricing Window
Crude Oil and Refined Products Market Review and Outlook Global crude oil prices fell sharply in 2025 driven by economic and geopolitical factors that affected demand and supply dynamics in the international market. As a result, average crude oil prices declined by about 14% in 2025 from an average of USD81.03/bbl in 2024 to an […]
CBOD Supports Special Needs Education Through Meaningful ESG Action
The Chamber of Bulk Oil Distributors (CBOD) is calling on corporate organisations to diversify their Environmental, Social, and Governance (ESG) initiatives to ensure that marginalised and vulnerable groups also benefit meaningfully from social investments across the country. Speaking at the commissioning of a renovated hygiene facility, including 12 washrooms, for the Dzorwulu Special School in […]
Innovative Financing and Cooperation Key to Africa’s Energy Future
The Chamber joined energy leaders and policymakers across the continent at the OTL Africa Downstream Energy Week 2025 in Lagos, Nigeria, to explore strategies for sustainable investment, collaboration, and innovation in Africa’s energy transition. At the conference, Dr. Patrick K. Ofori, Chief Executive Officer of CBOD, delivered a presentation under the session theme “International Energy Trading, […]
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 […]
