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Crude Oil and Refined Products Market Review and Outlook  The global market price of crude has been on a downward trajectory since third Quarter three (Q3) 2024. Crude oil prices in the global market have declined by about 10.81% from Q1 2025 to Q2. Specifically, crude oil declined by about 9.36% since January 2025. Moreover, […]

Crude Oil and Refined Products Market Review and Outlook  The global market price of crude and refined petroleum products have been declining since the second window of February 2025. This has been largely attributed to the uncertainties in the global economy introduced by the US imposition of tariffs on some of its trade partners. The

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Crude Oil and Refined Products Market Review and Outlook  Crude prices on the international market have since the second window of February witnessed a sustained downward trajectory . This is largely attributed to the uncertainties in the global economy introduced by the US imposition of tariffs on some of its trade partners. According to CITAC

Crude Oil and Refined Products Market Review and Outlook  Although the first quarter of 2025 saw an average increase of 1.38% in global oil prices, recent weeks have seen a sharp decline due to global uncertainties driven by the ongoing tariff war between the US and China. The uncertainty in the US/China tariff trade talks

Crude Oil and Refined Products Market Review and Outlook  Global crude prices rose by an average of 1.38% in the first quarter of 2025 but have fallen significantly in recent weeks due to the global uncertainties arising from the current tariff war between the US and China. Crude prices peaked in February, with Brent spot

Crude Oil and Refined Products Market Review and Outlook Global crude prices rose by an average of about 1.38% in the first quarter of 2025 compared to the last quarter of 2024. Prices reached their highest point in February, with Brent spot prices soaring as high as $83 per barrel. CITAC Africa attributed this rise

The Chamber paid a courtesy call on the Commissioner General (CG) of the Ghana Revenue Authority (GRA), Mr. Anthony K. Sarpong, on March 14, 2025, at the GRA Head Office. The meeting was an opportunity to congratulate him on his new role and reaffirm the Chamber’s commitment to collaborating with the GRA to address key

The inaugural Downstream Women’s Summit 2025, organised by the Ghana Chamber of Bulk Oil Distributors (CBOD) and National Petroleum Authority (NPA), was held on Friday, 14th March 2025, at the National Petroleum Authority in Accra. The summit was an inspiring and transformative event dedicated to empowering women in the downstream petroleum sector. The summit brought together