Market Outlook – 16th to 30th December 2025 Pricing Window
Crude Oil and Refined Products Market Review and Outlook Crude oil prices on the global market, on average, declined by about 7.14% in quarter four (Q4) 2025 compared to quarter three (Q3) 2025. The drop has been attributed to the rising global production by both OPEC and non-OPEC countries. According to Reuters, oil surpluses in […]
Market Outlook – 16th to 30th November 2025 Pricing Window
Crude Oil and Refined Products Market Review and Outlook Crude oil and refined petroleum product prices recorded notable increases on the international market during the 16th to 30th November 2025 pricing window. The upward trend was largely driven by rising demand from China, the impact of U.S. sanctions on Russia, and positive market sentiment following […]
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 […]
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, […]
Cost of fuel: Ghanaians must pay fair market prices – PUMA Energy President
The Head of Africa for petroleum Giant PUMA Energy, Fadi Mitri has argued that to ensure the constant supply of petroleum products on the Ghanaian market, consumers must be made to pay the fair market prices. The Government of Ghana in the wake of liquidity challenges and the depleting foreign reserves of the country is […]
Issue fuel coupons to the needy – Chamber Bulk Oil Distributors urges government
The Chamber of Bulk Oil Distributors (CBOD) says government can issue fuel coupons to consumers as a way of reducing the impact of the rising cost of the product on their livelihoods. In an interview aired on Joy FM’s Midday News, the CEO of CBOD, Dr. Patrick Ofori said, this could be done in collaboration with […]
Fuel prices cross GHs. 23.00 at the pumps
Fuel price has hit an all-time high at the pumps with Petrol selling at GHS17.99 per liter and diesel retailing at GHS 23.49 a litre. This comes barely three days after members of the Ghana Road Transport Union announced an increment in transport fares by 19 per cent due to the rampant increase in fuel […]
Fuel prices to hit ¢11 per litre from Wednesday, March 16
Prices of petroleum products will from Wednesday, March 16 experience a significant surge as consumers are expected to pay ¢11 per litre. The Bulk Oil Distributors has blamed the situation on the volatility on the market as well as the rising cost of crude on the international market. According to the Chief Executive, Senyo Hosi, […]
