Williams Agyapong 9942 posts 0 comments

The Group Chief Executive Officer and Managing Director for GOIL Ghana PLC, Kwame Osei Prempeh, is calling on government to immediately halt tax waivers on imported bitumen by local contractors. This comes after the government…

Crude prices extended their gains from Thursday earlier today and looked set to interrupt a three-week losing streak, if the gains hold. They might well reverse, however, as Gulf of Mexico oil producers begin to restart operations…

I have, for a few weeks now, been saying that I expected crude to move lower based on questions about demand, particularly from the US and China, the world’s two largest oil consumers. That has been the case, and despite a bounce…

Earlier this year, OPEC and its partners announced that it would begin to ease production cuts for members in the fall. However, with oil prices in steep decline, the group just announced a pause in these plans. This decision eased…

Crude oil exports from Libya have further fallen in the past week as UN-mediated talks between the rival governments haven’t resulted yet in a definitive agreement on the leadership of the country’s central bank, the sole guardian of Libyan…

The Securities and Exchange Commission (SEC) is taking a cautious approach to regulating crypto assets in Ghana. According to the Director of SEC, Rev. Daniel Ogbarmey Tetteh, although the commission has cautioned the public about the…

Weaker-than-expected demand is set to tip the oil market into a surplus over the next five quarters, Macquarie said in a Friday note as it lowered its Brent and WTI oil forecasts for the rest of the year. “As we enter shoulder and…

Crude prices recovered on Friday, breaking the four-week losing streak in oil, with WTI rising to $70 per barrel. Friday, September 13, 2024 Hurricane Francine helped oil prices edge higher after bearish…

The Deputy Minister of Food and Agriculture, Mohammed Hardi Tuferiru, has launched ‘National Livestock Day’, a celebration promoting the country’s livestock industry and its significant contributions to food security and economic growth.…