Tag: Global oil market

Oil prices gained after touching five-month lows as investors anticipated potential U.S.-China negotiations

OPEC+ Approves 137,000-Barrel Output Hike as Oil Prices Slide on Oversupply Fears

Crude oil prices slipped as Brent traded at $65.71 and WTI at $62.20

Oil Prices Slide 1% Ahead of Crucial OPEC+ Meeting as Supply Increases Pressure Market

Goldman Sachs maintains its Brent crude oil price forecast at $64 for Q4.

OPEC+ Nations Agree to Ease Production Cuts in September Amid Stable Oil Market Conditions

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.”