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Oil prices stabilize as OPEC+ supply cuts offset interest rate worries

Global oil prices stabilized on Tuesday, with the potential for OPEC+ to maintain supply cuts at its June 2 meeting and expectations of robust...

Oil prices to stay above $80 per barrel till 2025 – EIU projects

The Economist Intelligence Unit (EIU) expects global oil prices to stay above $80 per barrel until late 2025, according to its recent latest projection.This...

Crackdown on smuggled vegetable oil by taskforce impressive – AGI

The Association of Ghana Industries (AGI) supports the crackdown on smuggled vegetable oil in the Ghanaian market led by the Tree Crop Development Authority,...

Taskforce shuts down shops selling smuggled cooking oil in Accra

On Tuesday, February 27, 2024, a collaborative taskforce, including the Tree Crop Development Authority, the Oil Palm Development Association of Ghana, the Customs Division...

Use oil revenue to fund educational projects in your countries – Akufo-Addo charges African leaders

President Akufo-Addo has called on African leaders to allocate revenues from oil exploration and other extractive sector activities to fund education in their countries....

Oil prices rise as Israel rejects ceasefire offer from Hamas”

Oil prices rose on Thursday following Israel's rejection of a ceasefire offer from Hamas and a weaker dollar. Brent crude futures increased by 0.4%...

United States of America threatens to reinstate oil sanctions against Venezuela

The US is warning that it will put sanctions back on Venezuela's oil industry. This is happening after Venezuela's highest court decided to keep...

Family of oil rig tragedy crew wants further investigation

The families of the men who died when an oil rig tipped over want UK authorities to start a new investigation into the accident....

Economic deterioration persists despite Ghana’s status as Oil Producer – President of Catholic Bishops

The leader of the Ghana Catholic Bishops’ Conference, Reverend Matthew Kwasi Gyamfi, expressed dissatisfaction with the current state of Ghana's economy, citing its extensive...

No significant change! What happened to the gold, oil and others? – Catholic Bishops’ President quizzes govt

The President of the Ghana Catholic Bishops' Conference, Rev. Matthew Kwasi Gyamfi, has expressed dissatisfaction with the current state of Ghana's economy.Despite the...

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