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Days ahead of the key OPEC+ meeting on June 4, the leading producers in the group, Saudi Arabia and Russia, are at odds about output policy.  Riyadh has grown increasingly frustrated with Russia, which apparently hasn’t kept its end of…

Oil prices are now a lot more likely to rise after OPEC+ extended the cuts into 2024 and Saudi Arabia announced an additional reduction of 1 million bpd for July, Fatih Birol, the Executive Director of the International Energy Agency (IEA),…

Crude oil prices rose by more than 1% in early trade today following the OPEC+ meeting that took place Sunday. At that meeting, Saudi Arabia said it would voluntarily cut its oil production by another 1 million barrels daily next month…

The Ghana Union of Traders Association (GUTA) has indicated that it will continue to dialogue with the government to review three taxes in the mid-year budget. According to  GUTA, businesses are struggling to survive due to the high…

After worries about surviving the harsh winter months, Ukraine’s energy industry has made it through to the other side. And, contrary to expectations, there is some optimism around the future of Ukrainian energy. In May, the country…

After three years of rolling Covid-19 lockdowns and trade disruptions, China posted faster-than-expected GDP growth in the first quarter of 2023, at 4.5% year-on-year (y-o-y), but the uneven nature of its recovery is sending mixed signals…

A lower-than-targeted primary deficit indicates that Ghana’s fiscal adjustment is underway, IC Research, the analytical arm of IC Securities has stated. The country recorded a primary deficit of ¢596 million (0.1% of Gross Domestic…

Mobile communications have had a significant impact across society in Ghana, leading to digital inclusion and – as a pioneering country in mobile financial services – also driving financial inclusion. This blog explores the path toward…

Oil prices have risen after Saudi Arabia said it would make cuts of a million barrels per day (bpd) in July. Other members of Opec+, a group of oil-producing countries, also agreed to continued cuts in production in an…

Linda Yaccarino, the new boss of troubled social media firm Twitter has started the role earlier than expected, officially replacing Elon Musk. Ms Yaccarino, previously head of advertising at media giant NBCUniversal,…