Search: “oil prices”

Why were workers at Nigeria's largest independent oil and gas producer ready to strike?

Nigeria's Seplat Energy faced potential disruptions as its workers considered industrial action. The situation raised concerns for the company and the broader energy sector - with implications for production and supply.

Aramco's uncertainty highlights a shift: Is Iran, not the US, now key to reopening global energy markets?

Tensions in the Middle East are disrupting global energy markets, involving Iran, the US, and Saudi Arabia. The ability of one nation to impact shipping routes raises questions about long-term stability - and who truly holds the power.

Amid rising fuel costs, what assurances did the Energy Committee Vice Chair give to Ghanaians?

Kofi Arko Nokoe, Vice Chair of the Energy Committee, addressed Ghanaians' concerns about rising fuel prices. He hinted at the government's commitment to energy stability - but what considerations are at play?

Afreximbank unveils a US$10B programme to help Africa and CARICOM cope with Middle East conflict fallout - but how?

Afreximbank is launching a programme aimed at shielding African and CARICOM economies from the escalating conflict in the Middle East. The US$10 billion Gulf Crisis Response Programme (GCRP) hopes to address economic shocks - but what challenges will it face?

Global institutions are coordinating to address the energy crisis - but what does this mean for Ghana?

The IEA, IMF, and World Bank have announced joint measures amidst the Middle East conflict. These measures aim to help vulnerable countries- but what challenges are they facing?

Global financial institutions are raising concerns about the economic impact of war - how will Ghana be affected?

The World Bank, IMF, and IEA are warning about potential economic fallout from the ongoing war in the Middle East. The institutions highlight possible challenges for Ghana and other low-income economies - but what could these be?

The IMF warns of hidden risks in global credit markets- could the Middle East war trigger a financial crisis?

The IMF is sounding the alarm about the war in the Middle East and its potential impact on the global economy. The apparent calm in financial markets may be masking vulnerabilities- but what could happen if the war escalates?

The U.S.-Israeli war against Iran could affect the recent improvement in Ghana’s economy - how?

Bank of Ghana Governor Asiama says the U.S.-Israeli war against Iran poses a fresh threat to Ghana’s inflation outlook. The Governor notes that geopolitical uncertainty is pushing up gold prices - but will that be enough?

A fragile ceasefire is in place, but why are ships still reluctant to cross the Strait of Hormuz?

Tensions remain high around the Strait of Hormuz- a vital shipping lane- despite a US-Iran ceasefire agreement. Vessels are proceeding with caution, and the disruption is sending shock waves- but how far will they reach?

BYD says it's doing great without the US market - but can that last? Find out more...

Chinese EV-maker BYD is thriving, despite being largely shut out of the US market- a situation that bucks the trend. The company is now focused on meeting demand in other regions- but what challenges might they face?

A Finance Committee member says there's room to cut fuel taxes - but is it really that simple?

Dr. Mohammed Amin Adam suggests reducing petroleum taxes won't hurt the 2026 budget, despite rising fuel prices. He claims the government benefits from higher crude oil prices - but what does this mean for the average Ghanaian?

A leading finance expert insists there's room to maneuver on fuel taxes - but how?

Dr. Mohammed Amin Adam says reducing petroleum taxes won't affect the 2026 budget- despite concerns about rising fuel prices. He claims the government has undisclosed revenue gains that could offset potential losses- but what are they?

Ghana's petroleum sector faces mounting pressure after a sharp decline in oil revenue - what could be the consequences?

PIAC is concerned about Ghana's $600 million petroleum revenue drop. The committee attributes the downturn to declining oil production levels - but what does this mean for the country's economy?

Fuel prices in Ghana are expected to shift- but what does this mean for your pocket?

Ghana's petroleum market is bracing for changes as April 16 approaches- with implications for consumers and businesses. The Chamber of Oil Marketing Companies has released new data- but many factors are at play.

With oil prices soaring, the Philippines declares an energy emergency - but will it be enough to avert disaster?

The Philippines is dealing with a potential energy crisis due to the ongoing conflict involving Iran. President Marcos Jr. has declared a national energy emergency- but what measures will be taken to protect the economy?

Get ready for changes at the pump - how will the new price floors affect your wallet?

The NPA has announced new minimum price floors for petroleum products effective April 1, 2026 - impacting petrol, diesel, and LPG. The move has sparked debate among industry players regarding the necessity and implications of such regulations.

Why are some industry players questioning the relevance of the new price floors set by the National Petroleum Authority?

The NPA has announced new minimum price floors for petroleum products, effective April 1, 2026 - impacting petrol, diesel, and LPG. Industry players and consumers are now watching closely as these adjustments take effect.

New fuel price adjustments are coming - but will the changes at the pump bring smiles or frowns?

The NPA has announced new minimum price floors for petroleum products effective April 16, 2026 - impacting petrol, diesel and LPG. The changes have sparked interest, but what could this mean for consumers?