Bullish day out for the JSE, international markets

2017-07-13 13:10

Markets firmed significantly amidst a strong performance by global markets.

Opec has few escape routes from another bear market in oil

2017-06-23 10:30

Oil’s back in a bear market and investors remain unmoved by last month’s agreement to prolong supply cuts, leaving Opec and its allies with few remaining tools to boost prices.

Opec deal extension isn't enough to rope in crude-oil bulls

2017-06-05 11:48

The good news from Opec wasn’t good enough, hedge funds trimmed bets on rising crude prices to the lowest levels since November as oil futures dropped below $50 a barrel.

OPEC insiders reel as key minister fired during meeting

2017-05-28 19:00

As OPEC ministers gathered to agree a oil-supply pact, the man credited with bringing about the landmark deal learned from a news broadcast that he had been fired.

OPEC leaves market guessing on exit strategy after oil pact

2017-05-26 07:32

OPEC may be celebrating an historic deal to extend supply cuts, but after the party, the organisation will face a trio of questions it left unanswered.

Opec risks deal fatigue as maintaining oil curbs get tougher

2017-05-17 10:07

The organisation of Petroleum Exporting Countries has impressed oil traders this year by making almost all the supply cuts it promised. Keeping output down will only get harder.

Opec wins investors back as cuts prompt record bets on oil

2017-02-20 08:57

The members of the Organisation of Petroleum Exporting Countries have never taken supply cuts so seriously, and hedge funds are loving it.

Oil market 'responding positively' to output cut - OPEC

2017-02-08 18:40

Qatar's energy minister, the current OPEC president, says world oil markets are "responding positively" to output cuts implemented.

Opec convinces investors that its oil output cuts are real

2017-01-30 11:49

The Organisation of Petroleum Exporting Countries appears to have persuaded investors that it’s making good on promised production cuts.

Globalisation took hits in 2016, will 2017 lead to more?

2017-01-02 12:06

2016 was the year when globalisation, the path that the world economy has largely followed for decades, took some hefty blows


Goldman sees risk of oil below $40 without OPEC 'shock and awe'

2017-07-11 09:30

OPEC needs to 'shock and awe' the oil market for prices to gain, according to Goldman Sachs Group.

Saudis see oil market balance despite added Libyan barrels

2017-06-19 16:39

The oil market is expected to balance in the fourth quarter even as output from fellow Opec members Libya and Nigeria as well as from shale oil producers is on the rise.

Opec wins hedge funds back with jump in oil bets before deal

2017-05-29 07:36

Hedge funds are giving the Organisation of Petroleum Exporting Countries some credit again.

Opec's failure to spell out its strategy will hurt

2017-05-26 13:55

Opec ministers have failed in their attempt to convince the market that they have a plan when they agreed to extend output cuts for another nine months.

Opec seen extending oil curbs to ease glut

2017-05-19 07:48

Opec will extend an accord that trims production, even as surging US output threatens the group’s goal of draining excess supply, according to a Bloomberg survey.

Opec's Houston huddle only deepens dilemma of extending cuts

2017-03-09 14:27

The Opec ministers have met with partners and rivals in Houston this week as they try to figure out whether to prolong production cuts, that decision only got harder.

Russia says to meet oil output cut deal by April

2017-02-16 13:57

Russia has said it will fully comply with an oil output cut agreement with other oil producing countries by the end of April.

Nigeria struggles to boost oil output

2017-02-08 14:00

Nigeria’s progress in curbing militant attacks hasn’t much boosted its oil output. While that’s bad news for a country mired in its worst economic slump in 25 years.

Opec shrugs off threat US will cut oil imports

2017-01-23 09:52

The Organisation of Petroleum Exporting Countries' two biggest suppliers to the US shrugged off a vow by President Donald Trump to end dependence on the group’s oil

Kuwait to start importing gas from Iraq - ministers

2016-12-29 13:01

Kuwait is set to begin importing gas daily from neighbouring Iraq, oil ministers from the two Arab nations say.

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