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The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington.

IMF approves DRC bailout after China debt deal

12 July 2019, 5:36 AM

IMF demanded that Congo ensure the long-term sustainability of its debt as a precondition for a three-year extended credit facility programs.

The price of 93 unleaded petrol now costs 96 cents less a litre, while 95 will cost 95 cents less.

Fuel prices drop after 6 months

3 July 2019, 6:49 AM

Motorists have a reason to celebrate, the price of fuel has dropped by almost R1 a litre. It is the first time in six months that petrol prices have decreased.

Pump jacks operate at sunset in an oilfield in Midland

Oil mixed as OPEC cuts, US sanctions prop up prices

28 May 2019, 10:43 AM

Oil prices were mixed on Tuesday as supply cuts, led by producer club OPEC, and US sanctions on fuel exports from Iran and Venezuela supported crude, while concerns about an economic slowdown weighed on the market.

An oil well pump jack is seen at an oil field supply yard near Denver, Colorado.

Oil prices stable amid OPEC supply cuts, but US-China trade war drags

27 May 2019, 6:15 AM

A group of producers led by the OPEC, known as OPEC+, has been withholding oil supply since the start of the year to tighten the market and prop up prices.

Venezuela plunged into darkness

Venezuelans left in the dark after massive blackout returns

26 March 2019, 9:06 AM

Millions of Venezuelans were hit by a new blackout on Monday, the second to hit the OPEC nation this month, that shuttered businesses, plunged the main airport into darkness and left commuters stranded in the capital.

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