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Crude oil prices started the week with gains as tension continued to escalate in the Middle East after Israel and Hezbollah exchanged missile strikes, but bearish sentiment in oil markets is far from being extinguished and prices fell back…

Namibia is attracting investment left, right and centre thanks to some promising oil discoveries in recent years, accelerating the growth of its burgeoning fossil fuels sector. In addition to plans for oil and gas exploration, Namibia…

A total of 6,000 trainees in various crafts celebrated their graduation from the Youth Employment Agency (YEA) Skills Training Programme at the opening ceremony of The Ghana Report Jobs & Entrepreneurship Fair. Of the 6,000…

The Bank of Ghana (BoG) has reported a significant rise in SIM swap fraud, specifically targeting individuals using mobile banking services. According to the apex bank, about GHȼ4.6 million was lost to this fraud in 2023, attributed to…

The Association of Ghanaian Industries (AGI) has vehemently criticised the Bank of Ghana’s Price Stabilisation policy modalities, citing the devastating impact of bi-weekly port charge increments on businesses. The Association stressed…

The General Agricultural Workers Union (GAWU) of TUC-Ghana has raised a red flag on the destructive activities of illegal mining, describing the menace as a potential looming pandemic on the country’s food security agenda. A press…

Government has reiterated its commitment to accelerating the growth of small and medium enterprises (SMEs) through its SME Growth and Opportunity (SME-GO) programme. The initiative seeks to strengthen the sector by providing critical…

Claims that the rival governments in Libya will soon resolve their differences and entirely lift the blockade on oil exports put in place by the Haftar clan in the country’s east seem hard to believe. Two weeks ago, we saw Libya’s…

Light crude oil futures have rallied sharply this week, supported by multiple key factors. The U.S. Federal Reserve’s aggressive rate cut, escalating geopolitical tensions between Israel and Hezbollah, and a significant drawdown in…

The OPEC+ group may not have any options left to counter the extreme bearishness in oil markets by further restricting supply. Bullish sentiment is likely to re-emerge if there is good news on the demand front. For now, good news…