Latest News
Crude and Refined Products Price Review and Outlook International crude oil prices plummeted...
The Coalition of Commercial Transport Owners has withdrawn its services until government scraps some taxes on...
Fuel prices are likely to hit GH¢7.0 per litre or more by the end of 2021, the Institute for Energy Security...
The Chief Executive of the National Petroleum Authority (NPA), Dr Mustapha Abdul-Hamid says the Authority has...
Members of the Ghana Chamber of Bulk Oil Distributors (CBOD) have undertaken a tour of the newly built Takoradi...
Chief Executive Officer of the Ghana Chamber of Bulk Oil Distributors (CBOD), Senyo Hosi, has lamented the...
The Municipal Chief Executive (MCE) for Jomoro, Madam Louisa Iris Arde, has tasked the Board of Governors of the...
The Chief Executive of the National Petroleum Authority (NPA), Dr. Mustapha Abdul-Hamid has indicated that...
The Chief Executive Officer of the National Petroleum Authority (NPA), Dr Mustapha Abdul-Hamid has engaged...
The National Petroleum Authority (NPA) has announced that President Akufo-Addo has approved the removal of the Price Stabilisation and Recovery Levies (PRSL) on petrol, diesel, and LPG for two months. This was announced in a press statement issued by the Authority’s Corporate Affairs Department today, October 11, 2021. “The National Petroleum Authority (NPA) wishes to inform the...
Chief Executive Officer of the Ghana Chamber of Bulk Oil Distributors (CBOD), Senyo Hosi has commended the Interim Management Committee of the Tema Oil Refinery actions it has recently taken to stop the theft of petroleum products from the refinery. He however insists that the best way to deal with the problem once and for...
When she was just starting out, Ivy Apea Owusu thought she would have a long career in finance. She obtained a joint economics and business administration degree (Accounting option) from the University of Ghana and an MBA from Vanderbilt University in the US. Her first job was at Ecobank in Accra. When she joined General...
Fuel prices have been increased in the Republic of Ghana, bringing more hardships to the already suffering consumers in the West African nation due to the Covid-19 pandemic. As of last night, September 30, 2021, the leading indigenous oil marketing company, GOIL, reviewed its prices upward from GHS 6.38 per litre for both petrol and...
Fuel prices in the country are likely to see an increase by two percent in the following days. This is the latest prediction by the Institute for Energy Security. The IES prediction is based on the increase in prices of petroleum products on the world market and the depreciation of the Cedi. Research analyst at...
The Chief Executive of Chamber of Bulk Oil Distributors (CBOD), Senyo Hosi will moderate a panel discussion at the 2021 Offshore Technology Conference (OTC). The panel discussion which focuses on “Developing a Viable Downstream Petroleum Hub in West Africa (Ghana)” will come after the deliberation of policies that will enhance investment in the Sub-region’s upstream...
The Institute for Energy Security (IES) has announced that fuel prices in Ghana will see some reduction in the second half of August at the various pumps. The current national average price of fuel per litre at the pump remains pegged at Gh¢5.97 for both Gasoline and Gasoil on account of the relative price stability...
The Chief Executive Officer of the National Petroleum Authority (NPA) Dr Mustapha Hamid is urging the media to take politics out of petroleum pricing in the country. He said prices of petroleum products are now determined by the forces of demand and supply as well as geopolitics among others. Urging journalists not to make petroleum...
A report released by the Auditor General’s Department has said that 28 Oil Marketing Companies (OMCs) failed to pay GH₵226,942,904.00 taxes on petroleum products they lifted from the Tema Oil Refinery (TOR) between July 2018 to December 2019. This was contained in the 2020 Auditor General’s report on the public accounts of Ghana. According to...
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…
Read full story