Tomato farmers make gains as border closure curtails importation from Burkina Faso
It appears that inasmuch as the COVID-19 pandemic has disrupted many economic activities and led to job losses, other sectors
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Commodities
Ghana’s oil production up by 15 percent in 2019
A total of 71,439,585 barrels of oil were obtained from the three producing fields – Jubilee, Sankofa Gye Nyame (SGN)
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Fuel prices may go up if exchange rate is not stabilized – COPEC warns
The Chamber of Petroleum Consumers, COPEC, has warned that fuel prices at the pumps may go above five Ghana cedis
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Panic buying pushes retail sales up by 30.3%
The panic buying experienced by the two major cities; Accra and Kumasi prior to the implementation of the partial lockdown
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Local commodity experiences mix prices
Commodity prices traded mixed for the month of May. Some commodities lost marginally to close the month, while others made
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Coronavirus and commodity markets: Lessons from history
The economic effects of suspending a large proportion of global activity have immediately impacted the world’s commodity markets. The COVID-19 pandemic
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The world could soon run out of space to store oil
The world’s thirst for oil has evaporated. Highways are empty. Planes are grounded. Factories are dark. The unprecedented collapse in oil demand has
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Oil price collapses to lowest level for 18 years
The price of oil has sunk to levels not seen since 2002 as demand for crude collapses amid the coronavirus
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Oil prices rise but stay below $30
Oil rose further Friday after a dramatic rebound from multi-year lows but stayed below $30 a barrel on fears the
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Oil craters to 2002 levels. $20 crude could be next
The nightmare in the oil industry keeps getting worse. Intensifying recession fears drove US oil prices to the lowest level since June 2002
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