ACEP

OPEC+’s Surprise Oil Output Out Is Test Case For Govt Of Ghana’s Gold-For-Oil Policy – ACEP

OPEC+’s Surprise Oil Output Out Is Test Case For Govt Of Ghana’s Gold-For-Oil Policy – ACEP

The announcement by Saudi Arabia and other OPEC+ oil producers on Sunday of further oil output cuts of around 1.16 million barrels per day is going to be a test case for the Government of Ghana’s Gold-for-Oil policy, energy think tank the Africa Center for Energy Policy (ACEP), has said. According to the Executive Director of ACEP, Saudi Arabia and other OPEC+ oil producers is like to shoot crude oil prices up on the international market which will also affect the domestic market. The action of the Saudi Arabia and other OPEC+ oil producers comes a day before a virtual…
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