Tag: Oil

Oil rebounded on Tuesday after plunging by more than 3% in the previous session, as the implementation of sanctions on ...

European Union governments failed to reach a deal on Wednesday at what level to cap prices for Russian sea-borne oil ...

Oil dropped by more than $2 a barrel on Friday, on track for a second weekly decline, due to concern ...

Asian share markets were mixed on Tuesday and oil was weaker as investors sought to digest the economic implications of ...

Oil prices fell more than $1 a barrel on Monday after Chinese officials on the weekend reiterated their commitment to ...

The Group of Seven rich nations and Australia have agreed to set a fixed price when they finalize a price ...

Sterling slumped to a record low on Monday, and a renewed selloff in British gilts pushed euro zone yields higher ...

Dutch and British wholesale gas prices continued to fall on Tuesday morning as participants await clarity on EU plans for ...

Zimbabwe is poised to begin drilling oil next month following the arrival of the first batch of drilling equipment in ...

Economist Dr Iraj Abedian says the poor and pensioners are among the hardest hit by the high inflation rate and ...

Nigeria's Supreme Court has upheld a lower court ruling that stopped Shell Plc from selling its assets in Nigeria until ...

Sri Lanka may be compelled to buy more oil from Russia as the nation faces shortages amid an unprecedented economic ...

A shortage of oil refineries across sub-Saharan Africa coupled with soaring crude prices because of the war in Ukraine has ...

Saudi Arabia is on track to lift oil production capacity by more than 1 million barrels per day to over ...

Japan will take time to phase out Russian oil imports after agreeing on a ban with other Group of Seven (G7) nations ...

The price of oil has fallen for a second straight week, amid plans for a massive emergency oil reserve release.

The petrol price has increased but thanks to the government's decision to cut the fuel levy, motorists will not deal ...

The government says the price of both petrol and diesel increase would have been close to between R2 and R3 ...

Oil futures were set to open for Asian trade on Sunday after both Brent and US crude benchmarks posted their ...

India revised up the price of petroleum and diesel on Saturday, already the fourth time in five days as a ...