Tag: Global oil market

Economist Nicholas Issaka Gbana says Ghana faces limited short-term risk from Middle East tensions.

COMAC says Ghana’s temporary fuel price relief will give way to a sharp increase in the next pricing window due to international market trends

Sampson Addae, an energy expert at the Chamber of Petroleum Consumers Ghana (COPEC), has urged the Ministry of Transport to hold thorough engagements with the Ghana Private Road Transport Union ...

"The downgrade comes on the heels of robust oil consumption in 1Q25, up by 1.2 million barrels per day (mb/d) year-on-year – its strongest rate since 2023.”

Andon Pavlov, an analyst at Kpler suggested that this surge in refined product shipments allows oil producers to bypass crude production limits

The move formalizes an announcement made in November 2023 and marks a significant step for Brazil in global energy diplomacy.