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Crude and Refined Products Price Review and Outlook International crude oil prices plummeted...
Crude Oil and Refined Products Market Review and Outlook Crude prices on the international market have since...
Crude Oil and Refined Products Market Review and Outlook Although the first quarter of 2025 saw an average...
Crude Oil and Refined Products Market Review and Outlook Global crude prices rose by an average of 1.38% in the...
Crude Oil and Refined Products Market Review and Outlook Global crude prices rose by an average of about 1.38%...
The Chamber paid a courtesy call on the Commissioner General (CG) of the Ghana Revenue Authority (GRA), Mr...
The inaugural Downstream Women’s Summit 2025, organised by the Ghana Chamber of Bulk Oil Distributors (CBOD) and...
Crude Oil and Refined Products Market Review and Outlook Global crude prices rose by an average of about 1.38% in the first quarter of 2025 compared to the last quarter of 2024. Prices reached their highest point in February, with Brent spot prices soaring as high as $83 per barrel. CITAC Africa attributed this rise...
The Chamber paid a courtesy call on the Commissioner General (CG) of the Ghana Revenue Authority (GRA), Mr. Anthony K. Sarpong, on March 14, 2025, at the GRA Head Office. The meeting was an opportunity to congratulate him on his new role and reaffirm the Chamber’s commitment to collaborating with the GRA to address key...
The inaugural Downstream Women’s Summit 2025, organised by the Ghana Chamber of Bulk Oil Distributors (CBOD) and National Petroleum Authority (NPA), was held on Friday, 14th March 2025, at the National Petroleum Authority in Accra. The summit was an inspiring and transformative event dedicated to empowering women in the downstream petroleum sector. The summit brought together...
Crude Oil and Refined Products Market Review and Outlook Global crude prices peaked on 17th February with Brent spot prices rising to $83/bbl. According to CITAC Africa, this was largely due to “the trade-war instigating rhetoric and actions of the new Trump Administration in the US”. The price of crude rose in February due to...
Crude Oil and Refined Products Market Review and Outlook The global demand for crude and petroleum products fell slightly in the window under review due to the US Administration’s tariff war policies which affected the supply chain dynamics and extended inflationary pressures within the oil markets, contributing to market volatility.. Even though crude oil prices...
The Ghana Chamber of Bulk Oil Distributors (CBOD) welcomes Yaw Koduah-Sarpong as its new Board Chairman, succeeding Ivy Apea Owusu, whose tenure has been marked by outstanding leadership and industry advancements. Yaw, a seasoned professional with over 20 years of experience in the Oil and Gas sector, brings a wealth of expertise in Accounting, Finance...
The Chamber of Bulk Oil Distributors (CBOD) is pleased to introduce its newly elected Board, comprising distinguished leaders dedicated to advancing Ghana’s petroleum downstream sector. The new Board will provide strategic direction, foster industry growth, and champion policies that ensure efficiency, transparency, and sustainability. Meet the CBOD Board Members: Emmanuel Akakpo – Cirrus Oil Services...
Over the past four years, fuel prices in Ghana have undergone a dramatic surge, affecting households, businesses, and the overall economy. Pump prices for petrol and diesel have risen sharply, with petrol increasing by approximately 150% and diesel by nearly 200% from 2020 to 2024. In 2020, petrol and diesel pump prices averaged below GHS5/Ltr...
Crude Oil and Refined Products Market Review and Outlook Global crude oil prices on the global market have been relatively stable in the last quarter of 2024, reflecting a balanced supply-demand dynamic in the international market. This is largely attributed to the political transition in the US, which introduces uncertainties surrounding the US foreign...
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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