High oil prices could trigger fuel price shocks in West Africa, Argus analyst warns

An Argus Media analyst warns that crude oil prices above $100 per barrel could lead to higher fuel prices across West Africa, potentially boosting revenues for exporters but increasing costs for consumers.

12 Mar, 10:09 — 12 Mar, 10:09

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myjoyonlineMixed41d ago

Oil above $100 could trigger fuel price shocks in Ghana and West Africa as market transparency gaps persist

Crude oil prices rising above $100 per barrel could soon translate into higher fuel prices across West Africa, according to James Gooder, vice president for crude markets in Europe and Africa at Argus Media. Oil markets have surged in recent days amid fears that conflict involving Iran, Israel and the United States could disrupt shipping […]

By Isaac Agyei

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High oil prices could trigger fuel price shocks in West Africa, Argus analyst warns

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Oil above $100 could trigger fuel price shocks in Ghana and West Africa as market transparency gaps persist

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