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Crude and Refined Products Price Review and Outlook International crude oil prices plummeted...
The Liquefied Petroleum Gas Marketers Association has renewed calls for the taxes on LPG to be scrapped. The...
The Chief Executive of the National Petroleum Authority (NPA), Dr. Mustapha Abdul-Hamid, has been elected...
The Chamber of Bulk Oil Distributors (CBOD) has denied reports that some Bulk Oil Distribution Companies (BDCs)...
Ghana’s oil production will grow slightly in the near term, with crude oil and other liquids production...
The Ghana National Gas Company (GNGC) on Friday signed a Project Implementation Agreement with its joint venture...
The Head of Africa for petroleum Giant PUMA Energy, Fadi Mitri has argued that to ensure the constant supply of...
The deputy Energy Minister, Andrew Egyapa Mercer, has confirmed that the initial consignment of 40,000 tons of...
The international market prices of refined petroleum products in the 12th to 26th January 2023 international...
The former Chief Executive of the Ghana Chamber of Bulk Oil Distributors, Senyo Hosi, has urged government to be modest about its promise to get affordable petroleum products to the Ghanaian market. His comments come on the back of information that a government of Ghana delegation is currently in Abu Dhabi negotiating a deal to...
The Chamber of Bulk Oil Distributors (CBOD) says government can issue fuel coupons to consumers as a way of reducing the impact of the rising cost of the product on their livelihoods. In an interview aired on Joy FM’s Midday News, the CEO of CBOD, Dr. Patrick Ofori said, this could be done in collaboration with...
The government has suspended the subsidy on Residual Fuel Oil (RFO) until further notice, effective November 1, 2022. The move, according to the National Petroleum Authority (NPA), is in line with the directive from the Ministry of Energy as an interim measure to ease the financial burden on the Price Stabilisation and Recovery Account...
Seventeen Oil Marketing Companies did not pay duties and taxes totaling GH¢249,800,802.28 on 219,995,530 litres of fuel products lifted for the period January 2020 to December 2021. The Auditor General’s report on the audit of Ministries, Departments and Agencies noted this discrepancy from the Integrated Customs Management System (ICUMS). Twenty-eight Oil Marketing Companies failed to...
Dr. Patrick Kwaku Ofori has officially assumed office as the CEO of the Ghana Chamber of Bulk Oil Distributors (CBOD), with a promise to lead the Chamber to pursue its vision of the overall growth of the industry and the country. He takes over from Senyo Hosi, the founding CEO of the Chamber. Mr. Hosi...
The Ghana Chamber of Bulk Oil Distributors (CBOD) has donated 20 laptop computers to the University of Ghana (UG) in support of the school’s ‘One student, One laptop’ initiative. The ‘One Student, One Laptop’ initiative, which was announced by the VC earlier this year, is aimed at ‘supporting needy students in the new virtual learning...
The Ghana Chamber of Bulk Oil Distributors has announced the appointment of Dr Patrick Kwaku Ofori as its new Chief Executive Officer. His tenure begins on August 1, 2022. He will be filling the vacancy created by the departure of the Chamber’s founding CEO, Senyo Hosi, who is stepping down after 10 years of meritorious...
The CEO of the Ghana Chamber of Bulk Oil Distributors, Senyo Hosi is stepping down at the end of July 2022. Mr. Hosi, the founding CEO of the Chamber, is leaving office after 10 years of service. Under his leadership, the Chamber became recognized as one of the power houses for industry-based research and policy...
Refined Products Review and Outlook The international market price of gasoline and LPG decline by 8% and 11% respectively, while that of gasoil increased by 5% in the 12th to 26th June 2022 international pricing window relative to the previous window (these premiums are applicable to the selling window of 1 st – 15th July...
Market Outlook – 1st to 15th May 2026 Pricing Window
Crude and Refined Products Price Review and Outlook International crude oil prices plummeted significantly by about 12.33% in the period under review, averaging around USD114…
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