Crude oil | Bizcommunity

Crude oil | Bizcommunity

News

Oil steady; market eyes OPEC+ output increase, US tariffs

Coal, Oil & Gas

Oil steady; market eyes OPEC+ output increase, US tariffs

5 Mar 2025

Miniatures of oil barrels and a rising stock graph are seen in this illustration. Source: Reuters/Dado Ruvic

Coal, Oil & Gas

Oil price spikes after Trump cancels Chevron Venezuela licence

Stephanie Kelly 28 Feb 2025

A drone image of oil at the main beach in Strandfontein on the West Coast. Photo: Tania Fouche / GroundUp

Environment & Natural Resources

West Coast beaches polluted by oil spill

John Yeld 3 Feb 2025

Profit boost predicted for 2025 despite ongoing supply chain issues

Logistics & Transport

Profit boost predicted for 2025 despite ongoing supply chain issues

8 Jan 2025

Source: © 123rf The fuel prices for January 2025 will be adjusted with increases for Petrol 93, Petrol 95 and for diesel

Fuel & Energy

SA welcomes in 2025 with petrol and diesel increases

29 Dec 2024

Mining operational costs stabilise as 2024 closes, but challenges persist

Mining

Mining operational costs stabilise as 2024 closes, but challenges persist

Lindsey Schutters 17 Dec 2024

Consumers brace for higher petrol prices in December

Fuel & Energy

Consumers brace for higher petrol prices in December

4 Dec 2024

Source: Reuters.

Markets & Investment

Asia stocks sputter as focus shifts to China stimulus

Kevin Buckland 8 Nov 2024

Source: Reuters.

Markets & Investment

Oil falls on stock build, firm dollar as Trump win projected

Emily Chow 6 Nov 2024

Middle East tension spoils petrol party in SA for November

Fuel & Energy

Middle East tension spoils petrol party in SA for November

Lindsey Schutters 4 Nov 2024

Source: Reuters.

Economy

Oil hovers at one-month low with supply drivers back in focus

Laila Kearney 30 Oct 2024

Sasol Secunda CTL is a cornerstone of SA's energy transition. Source: Horst Vogel/Flickr

Coal, Oil & Gas

New report shows depth of Sasol Secunda distress

Lindsey Schutters 28 Oct 2024

Weather shifts and monetary relief drive optimism for South Africa's farmers

Agribusiness

Weather shifts and monetary relief drive optimism for South Africa's farmers

Gilberto Biacuana and Karabo Mabuza 24 Oct 2024

Source: Reuters.

Markets & Investment

US 10-year Treasury yield hits 4%, keeps equity bulls in check

Alun John and Kevin Buckland 7 Oct 2024

Big decrease in petrol, diesel prices starting October

Fuel & Energy

Big decrease in petrol, diesel prices starting October

30 Sep 2024

Source: Tumisu via

Commodities & Fairtrade

FAO reports slight dip in global food prices for August

6 Sep 2024

South African motorists get welcome relief at the pumps.

Fuel & Energy

South Africans rejoice at fourth fuel price drop

3 Sep 2024

Food inflation hits 55-month low of 3.9% in July 2024

Agribusiness

Food inflation hits 55-month low of 3.9% in July 2024

Paul Makube 22 Aug 2024

Advertising

TotalEnergies SA ad ruled 'misleading' by ARB

Karabo Ledwaba 19 Aug 2024

August brings fuel price relief for South African motorists

Fuel & Energy

August brings fuel price relief for South African motorists

5 Aug 2024

Food inflation eases, but weather-induced production challenges remain

Agribusiness

Food inflation eases, but weather-induced production challenges remain

Paul Makube 25 Jul 2024

Source: Reuters.

Economy

Oil holds ground amid political uncertainty in US, Mideast

Florence Tan 15 Jul 2024

Source: Reuters.

Finance

South Sudan's president sacks finance minister, sixth since 2020

George Obulutsa 12 Jul 2024

5 predictions for the 2024 holiday shopping season

Sales

5 predictions for the 2024 holiday shopping season

Zuko Mdwaba 11 Jul 2024

TotalEnergies injected some positivity in its share price when news broke of its intention to exit the offshore gas project in South Africa.

Energy

Despite SA plans, TotalEnergies still plays key role in Africa

4 Jul 2024

Good news for motorists as fuel prices decrease

Fuel & Energy

Good news for motorists as fuel prices decrease

3 Jul 2024

2023 was a record year for all energy consumption. Source: Viktor Kiryanov/Unsplash

Energy

Energy Institute report says 2023 was record year

Lindsey Schutters 25 Jun 2024

Image source: KATRIN BOLOVTSOVA from

Corporate & Commercial Law

Transnet to appeal against R6.2bn Sasol award over tariff dispute

Nelson Banya 21 Jun 2024

Source: ©Oleksandr Boiko via 123RF

Commodities & Fairtrade

Global food prices rise for third straight month

7 Jun 2024

Agriculture GDP rebounds strongly in Q1 of 2024 despite headwinds

Agribusiness

Agriculture GDP rebounds strongly in Q1 of 2024 despite headwinds

Paul Makube 5 Jun 2024

Lebo Ramolahloane, vice chairman of the South African Petroleum Retailers Association

Energy

Fuel price drop brings winter cheer to families and retailers

4 Jun 2024

Good news for motorists as fuel prices drop in June 2024

Fuel & Energy

Good news for motorists as fuel prices drop in June 2024

4 Jun 2024

Saudi Arabia still commands the largest supply in OPEC+

Coal, Oil & Gas

OPEC+ extends oil production cuts into 2025 to stabilise prices

Lindsey Schutters 3 Jun 2024

Fuel price adjustments are a mixed bag for April

Energy

Fuel price adjustments are a mixed bag for April

Lindsey Schutters 1 Apr 2024

An oil rig lights up Cape Town harbour as the sun sets. The giant floating platforms are becoming regular visitors to the port as the city is marketing itself as the service hub for the lucrative oil fields off the west coast of Africa. Source: Reuters/Mike Hutchings

Markets & Investment

New Africa Energy Bank to Invest $5bn in oil and gas projects

Wendell Roelf 28 Mar 2024

Children walk past a vegetable stall in Soweto 23 July 2015. Reuters/Siphiwe Sibeko/file photo

Import/Export

SA current account deficit widens sharply in Q4

Kopano Gumbi 7 Mar 2024

Fuel prices rise on back of higher global oil costs and weaker rand

Energy

Fuel prices rise on back of higher global oil costs and weaker rand

Lindsey Schutters 4 Mar 2024

How fleet managers can mitigate costs in the face of fuel price hikes

Road Freight & Fleet Management

How fleet managers can mitigate costs in the face of fuel price hikes

Thenjiwe Tsabedze 1 Mar 2024

How to make your fuel go further with regular tyre inspections

Fuel & Energy

How to make your fuel go further with regular tyre inspections

Issued by Dunlop Tyres SA 8 Feb 2024

Fuel price increase will affect cost of living. Source: Tahir Osman/Pexels

Energy

The festive season is over as petrol price increase is announced [updated]

6 Feb 2024

A view of the newly-commissioned Dangote Petroleum refinery in Ibeju-Lekki, Lagos. Source: Reuters/Temilade Adelaja

Coal, Oil & Gas

Dangote refinery starts production, eyes full quota by year end

Elisha Bala-Gbogbo 15 Jan 2024

Source: Isabella Mendes/Pexels

Fuel & Energy

Fuel prices drop as crude oil plunges, gas gets more expensive

Lindsey Schutters 2 Jan 2024

NUPRC CEO Gbenga Komolafe in December received awards for public service from the SUN Newspaper and for distinction from foreign investment network. Source: Facebook/NUPRC

Markets & Investment

Nigeria invests $13.5bn to fight oil theft and vandalism

Camillus Eboh 2 Jan 2024

iglide ECO P210 is a super-tough chemical resistant bearing from recycled plastic.

Materials & Equipment

Igus harnesses circular economy for new plain bearing

6 Dec 2023

Going green: 7 ways to make your business greener

ESG & Sustainability

Going green: 7 ways to make your business greener

Issued by GO Content Lab 1 Dec 2023

Egbert Faibille Jr delivered a public lecture on Ghana's energy sector at the University of Ghana 75-year anniversary in January. Source: x.com

Energy

Ghana ponders sliding scale oil royalties to stimulate investment

Maxwell Akalaara Adombila 16 Nov 2023

Nigeria's President Bola Tinubu looks on after his swearing-in ceremony in Abuja. Source: Reuters/Temilade Adelaja

Coal, Oil & Gas

Saudi Arabia signs deal with Nigeria on sidelines of Saudi-Africa summit

Felix Onuah 10 Nov 2023