OPEC+ Faces Limits in Pushing Oil Prices Higher
OPEC+ has long been a central player in global oil markets, but recent analysis by global energy market expert Vandana Hari suggest that while the oil-producing cartel has managed to ...
Tag: oil price
China Completes New 6,088-Meter-Deep Well At Bohai Oilfields
According to China National Offshore Oil Corporation (CNOOC), China’s largest offshore crude oil production base has just completed a new 6,088-meter-deep well at Bohai Oilfields. The first week of July ...
Ghana: GHS10/ltr Of Fuel Likely To Be Inevitable As Global Oil Price Inch Closer To $150/b
The decision to place a ban on Russian oil exports, in spite of its trickiness, is being considered as a potential sanction on Russia by the U.S. and EU. This ...
Oil Price Rises Above $100 A Barrel, First Time Since 2014
Oil prices jumped on Thursday, February 24, 2022 with Brent rising above $100 a barrel for the first time since 2014 after Russia’s attack on Ukraine. This further exacerbates concerns ...
Fuel Prices to rise by GHS0.25 per litre from Tomorrow- IES
The Institute of Energy Studies has projected fuel prices to rise by 25 pesewas per litre from tomorrow, February 1, 2021, on the condition that the suspended Price Stabilisation and ...
Oil price increase signals improved outlook for investment in SSA- Fitch Solutions
Recent developments across SSA for oil and gas projects indicate signs for more regional investment in the near term, Fitch Solutions says. Final investment decisions (FIDs) for Q1 of 2021 ...
OPEC+ Likely to Extend Current Oil Output Cuts for Another 1-2 Months
Some sources from OPEC+ have disclosed that the organisation is moving closer to a compromise on extending current 9.7 million BDP oil output cuts and are discussing a proposal to ...
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