The ongoing Middle East conflict has upended global energy markets, cutting off supplies of approximately 8 million barrels of crude per day and 20% of liquefied natural gas (LNG). Brent crude has surged more than 50% to around $110/bbl since the conflict erupted in late February, while the U.S. stock market has lost nearly $4...
Day: March 30, 2026
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Vice President Opoku-Agyemang to Attend Africa Energy Technology Conference in Accra
The Vice President of Ghana, Jane Naana Opoku-Agyemang, has confirmed her participation in the upcoming Africa Energy Technology Conference 2026 (AETC 2026), scheduled to take place from May 19 to 21, 2026, at the Labadi Beach Hotel.The conference, organized in partnership with the Ministry of Energy and Green Transition, is expected to bring together key...
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Crude Oil Prices Drop, not Weakness but A Signal – Expert Urges
Emmanuel De-Graft Johnson, a leading policy analyst, has characterized the recent downturn in global crude oil prices not as a sign of diminishing market strength, but as a sophisticated signal of shifting geopolitical sentiment. While traditional market observers might interpret a price dip as a cooling of global demand, De-Graft Johnson argues that the current...
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COMAC Advocates Policy Balance to Strengthen Competition and Protect Consumers
The Chamber of Oil Marketing Companies (COMAC) has called for a more balanced policy framework to ensure fair competition and enhanced consumer protection within Ghana’s downstream petroleum sector. Speaking at a panel discussion during the 2026 World Consumer Rights Day, COMAC’s Director for Policy and Regulations, Mohammed Issah, stressed that safeguarding consumers requires policies that...