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Tag Archives: Brent crude oil

China hikes 2019 non-state oil import quota

30 September 2018, 9:44 AM

China has hiked its 2019 crude oil import quota for “non-state trade”, generally meaning independent refiners, by 42% to 202 million tonnes, as two private companies prepare to launch commercial production at major new plants.

Minister of Energy Jeff Radebe

Jeff Radebe calls for oil price control

5 September 2018, 2:32 PM

Minister of energy Jeff Radebe says they will be engaging with OPEC to look at ways and options to address the escalating global oil prices.

US oil prices rise as Gulf oil rigs evacuated ahead of hurricane

4 September 2018, 6:34 AM

US oil prices rose on Tuesday, breaking past $70 per barrel, after two Gulf of Mexico oil platforms were evacuated in preparation for a hurricane.

A red car at a petrol pump

Weaker Rand dampens hopes for a fuel price decrease

13 August 2018, 2:50 PM

South African consumers may be facing tough times ahead as the weaker Rand dampens hopes for a fuel price decrease.

Another petrol hike looms

11 April 2018, 9:22 PM

Motorists have reason to get worried; they may need to prepare to pay more at the pump at the beginning of next month.



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