Tag Archives: Price

Burundi: Why Are the Transport Fees Still At the Same Price?

opinion By Yves Didier Irakoze Users of public transport wonder why the price of transport is still at the same price while the fuel price has been reduced. The problem is that there is no consultation between those who are concerned. “I heard on the radio that the price of fuel has been reduced and […]

Market expectations of oil price uncertainty have increased in recent months

January 14, 2015 Source: U.S. Energy Information Administration, Short-Term Energy Outlook, January 2015 Note: Confidence interval derived from options market information for the five trading days ending Jan. 8, 2015. Intervals not calculated for months with sparse trading in near-the-money options contracts. December was the sixth consecutive month in which monthly average Brent crude oil […]

Energy had larger price declines than most nonenergy commodities in 2014

January 5, 2015 Source: U.S. Energy Information Administration, based on BloombergNote: These commodities are included in the S&P GSCI Energy, Grains, Industrial Metals, and Precious Metals indices. All price changes reflect changes in front month futures contract price for each commodity. WTI is West Texas Intermediate, RBOB is reformulated gasoline blendstock for oxygenate blending. The […]

South Africa: Petrol Price To Drop By Over R1

The price of 93 and 95 octane petrol will decrease by R1.27 and R1.23 a litre on Wednesday, the energy department said on Friday. The price of diesel would decrease by between R1.04 and R1.05 per litre. The price of illuminating paraffin would decrease by R1.44 per litre. Liquefied petroleum gas would decrease by R2.10/kg. […]

Zimbabwe: Balance of Power Reduces Crude Oil Price

By Nesbert Ruwo Brent crude, the international benchmark for oil, now trading in the US$ 80 per barrel zone, its lowest levels since October 2010, is now in a bear market territory. The price has fallen over 35% since June 2014 on weak economic data from Europe and China, oversupply and a stronger US dollar. […]

Lower petrochemical use of propane driven by wider price spread between propane and ethane

October 9, 2014 Source: U.S. Energy Information Administration, Short-Term Energy Outlook, October 2014Note: used as a proxy for propane demand. Republished October 9, 9:45 a.m. to correct an error in the graph. Propane demand (, both of which are highly seasonal and weather dependent, petrochemical consumption of propane has relatively little seasonality. Beginning in mid-2013, […]

Malawi: MOAM Commends Govt for Fuel Price Reduction

By Gresham Ngwira Blantyre — Minibus Owners Association of Malawi (MOAM) has commended Government for reducing fuel prices. MOAM Secretary General, Coxley Kamange made the commendation in an interview with Malawi News Agency on Thursday in Blantyre. He observed that there cannot be any good news than the reduction in fuel prices saying normally fuel […]

Nigeria: Nerc – New Price Regime Removes Justification for Gas Flaring

– Wants minister to read the riot act to erring firms The Nigerian Electricity Regulatory Commission (NERC) has said it will ask the Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, to place an instant and precise end to gas flaring in Nigeria’s oil and gas sector. NERC explained that the order had become necessary to […]

Ghana: Fuel Price Hike Hits Transport Fares

Accra — Petroleum products have increased by between 15 and more than 20 percent, the National Petroleum Authority (NPA)announced. The price increment took effect Monday. The price of petrol (premium) saw the highest increase up 23,08 percent to GH¢3.36 a litre. Kerosene saw an increase of 23,75 percent while diesel increased 22,01 percent to 327pesewas. […]

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