Tag: oil

President Donald Trump has postponed threatened strikes on Iranian power plants as a result of the talks on the conflict in the Middle East. In a post on social media, ...

Centre for Economic Research and Policy Analysis (CERPA) has raised an alarm regarding the dual economic shock hitting Ghana as a result of the escalating conflict involving Iran, Israel, and ...

Libya’s National Oil Corporation has redirected Sharara flows after a fire occurred on a key export pipeline. According to Libya's State Oil Firm, National Oil Corporation, production is still going on ...

Russia Reasserts Control Over Venezuelan Oil Assets Amid Rising US Pressure

The Chief Executive Officer of the Ghana Gold Board (Goldbod), Sammy Gyamfi, has credited Ghana’s improved economic outlook to the unprecedented performance of the country’s gold exports, particularly from the ...

Global food prices are projected to decline in 2025, offering some relief to households and economies battling high inflation. According to the World Bank’s latest Commodity Markets Outlook, the Food ...

Ghana has experienced an unprecedented rise in demand for petroleum products during the fourth quarter of 2024, defying significant economic hurdles, including the persistent challenge of securing foreign exchange for ...

Ghana's economy has shown a marked improvement in its trade balance, recording a substantial trade surplus of GH¢3.9 billion in the third quarter of 2024. This represents a stark contrast ...

Ghana's trade surplus reached an impressive $3.8 billion at the end of October 2024, marking a significant milestone for the nation’s economy. The Bank of Ghana's November 2024 Summary of ...

The Ghana Investment Promotion Centre (GIPC) is urging local businesses to adopt import substitution strategies as a means to fortify the nation’s economy and reduce dependency on foreign goods. The ...