The Real Reason U.S. Oil Producers Are Exercising Caution
March 18, 2022
Sky-high oil prices have left both America’s oil industry and its President pointing fingers at one another.
News
Oil surges after IEA warns of shortfall in supply
March 18, 2022
Prices had sagged in previous session on news that oil inventories in the US climbed by 4.3 million barrels in the week to 11 March to 415.9 million barrels
More OMCs increase fuel prices at pump
March 18, 2022
More Oil Marketing Companies (OMCs)T have begun increasing fuel prices at the pumps. It’s coming after Total and Puma increased prices of fuel by some
Biden Calls Out Oil and Gas Companies as Oil Prices Drop But Gas Remains High
March 17, 2022
Crude oil prices have been dropping over the past week after hitting highs of over $120 a barrel in response to Russia’s invasion of Ukraine.
Crude Oil price falls below US$100/b
March 17, 2022
Crude experienced a free fall from as high as $130/bbl to as low as $98/bbl in a span of about two weeks, before recovering only marginally to around $100/bbl at the start of trading today, but fuel prices is forecast to continue on its rising streak since last year.
Government Urged To Stabilize Prices Of Petroleum Products
March 17, 2022
Think Tank Baskin Africa have suggested to the Government of Ghana to immediately scrap the Special Petroleum Tax, Price Stabilization Levy and BOST margins in order to relieve the poor from the scorch of the fuel price hikes.
The Ghana Upstream Petroleum Chamber is a non-profit upstream petroleum organisation which aims to achieve long term success of the upstream petroleum industry in Ghana.
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