Search

Ghana oil revenues slump as fewer cargoes and lower prices bite state finances

Oil drilling rig Photo Marian Lupan @ Unsplash
Oil drilling rig Photo Marian Lupan @ Unsplash
  • Crude oil lifting receipts nearly halved in H2 2025
  • Bank of Ghana flags exposure to global oil price swings

 

ACCRA, GHANA – Ghana’s crude oil lifting receipts fell sharply in the second half of 2025, nearly halving from a year earlier as fewer cargoes and weaker global prices squeezed state earnings.

Receipts from crude oil liftings declined to $198.25 million between July and December 2025, down from $369.25 million over the same period in 2024, according to the Bank of Ghana.

Recent Business

The busy street of Kwame Nkrumah Circle, Accra, Ghana @ Pixabay
Ghana inflation drops to 3.8%, opening door to growth-focused policy
Read More »
Copper mine. Photo by Jandira Sonnendeck @ Unsplash
Zambia targets 3,000MW coal push in $11bn energy drive to power copper boom
Read More »
Oil drilling rig Photo Marian Lupan @ Unsplash
Ghana oil revenues slump as fewer cargoes and lower prices bite state finances
Read More »

Recent Politics

Ghana ex-vice president Mahamudu Bawumia to lead opposition NPP in 2028 polls. Photo: Bawumia/Facebook page
Ghana opposition NPP re-elects Bawumia as flagbearer ahead of 2028 polls
Read More »
Raila Odinga was seen as the father of democracy in Kenya. Photo @ Raila Odinga/Facebook
Raila Odinga’s death exposes deep family rift inside Kenya’s opposition ODM
Read More »
Uganda president Yoweri Kaguta Museveni. Photo: Yoweri Kaguta Museveni/Facebook
Uganda’s disputed election under Museveni deepens East Africa concerns
Read More »

Latest Posts

Latest news insights