Strait of Hormuz

The prospect of renewed military action in the Persian Gulf is rapidly becoming Ghana’s next major economic headache, with the country already bracing for another upward adjustment in petroleum prices …

Oil prices plunged below US$100 in early Asian trading on Wednesday after President Trump announced a conditional two-week ceasefire agreement with Iran. At the time of writing, WTI had dropped …

Fitch Solutions has revised its 2026 real Gross Domestic Product (GDP) growth forecast for Ghana to 5.5 percent, from the previous 5.9 percent. The UK-based firm is attributing this to …

Some Oil Marketing Companies (OMCs) have started adjusting fuel prices at the pumps from March 16, 2026. This is coming after it was projected that this pricing window will witness …

Oil prices continued to rise on Thursday despite major countries agreeing to release a record amount of oil from their emergency reserves as they try to curb the impact of …

Global oil prices have jumped above US$110 (£82.74) a barrel, and stock markets have slumped as the escalating US-Israeli war with Iran has fuelled fears of prolonged disruption to shipments …

Global energy markets are set to see significant volatility following a United States-Israel coordinated wave of military strikes across Iran early this morning. The attack, which targeted multiple cities including …