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Oil producers in Ghana may be compelled to halt their production if the global price of Brent Crude continues to fall, Institute of Energy Security, IES has said. Speaking to Citi Business News on implications for Ghana, the Executive Director of IES, Paa Kwesi Anamuah Sakyi said the falling price …
Read More »Police look on helplessly as residents scoop fuel from an accident tanker at Breku
Some residents of Breku on the Kumasi-Accra highway have taken advantage of an accident scene as they scooped fuel from the tanker involved in the accident. Many of the residents are seen with gallons salvaging what they can from the tanker at the expense of their lives. In the viral …
Read More »Fuel prices to remain stable but cedi depreciation biting – IES
The Institute for Energy Security (IES) has predicted constant prices of fuel across the pumps in the second pricing window which begins December 16, 2019. Even though the depreciation of the cedi against other major international currencies especially the US dollar, has gone beyond 10 per cent since the beginning …
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