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Energy Minister Jeff Radebe says the impact of the high oil price on the staggering cost of petrol for ordinary South Africans featured in bilateral talks between South Africa and Saudi Arabia. Energy ...
(Reuters) – Investment bank JP Morgan on Friday raised its outlook for oil prices, but lowered its forecast for global crude demand-growth this year amid increasing uncertainty over international trad...
U.S. West Texas Intermediate and international-benchmark Brent crude oil futures are trading lower shortly before the regular session opening. The markets are trading inside yesterday’s range which su...
Oil prices could jump steeply to cross $120 per barrel in a not-to-be ruled out scenario of zero Iranian exports combined with Opec’s lack of preparedness to offset the huge supply deficit, market ana...
Oil prices could double again if the sector is hit by any serious disruption, as America’s bid to exclude Venezuelan and Iranian exports from the world market means the globe has very little spare cap...