Petroleum shares tumble on lower oil prices

2017-04-28 09:26

Petroleum-linked companies have been in retreat on lower oil prices while global stocks were mixed following a deluge of earnings reports.

Energy prices rebalancing after Opec accord: Qatar

2017-04-27 15:04

Global energy markets are heading to a rebalancing in the next years after oil prices fell to historic lows due to oversupply, says Qatar's energy minister.

Top iron ore forecaster says prices will sink back below $50

2017-04-24 17:15

Iron ore is destined to retreat back below $50 a metric tonne next year, according to a top forecaster who warned that weakening prices will encourage the sale of inventories.

Copper sends mixed signals as bulls do a runner

2017-04-24 10:18

Copper could play a part in dampening spirits in markets uplifted by the first round of the French election.

Oil rises as OPEC committee backs extending cuts

2017-04-24 08:00

Oil has risen the first time in six days as an OPEC-led committee is said to back prolonging supply cuts and as investors favoured riskier assets after the first round of French presidential elections.

Oil set for biggest weekly loss since early March

2017-04-21 11:42

Oil has been headed for its biggest weekly loss since March as signals from OPEC that it will persevere with output cuts failed to offset evidence that US supplies are plentiful.

Oil falls to one-week low on signs of rebound in US

2017-04-18 15:48

Oil has dropped to the lowest in more than a week on signs US output is rebounding, undermining OPEC’s efforts to clear a global glut.

Bullish oil bets gain on signs OPEC cuts to outdo US boom

2017-04-17 07:56

OPEC is finally making some headway in its race against the tide of surging US supplies, and speculators are giving the group greater credence.

Oil in biggest rally since December

2017-04-12 07:25

Oil is riding the longest winning streak since December on optimism Saudi Arabia will support an extension to the Opec-led output cuts just as US stockpiles show signs of shrinking.

Oil holds longest run of gains this year

2017-04-11 11:00

Oil has traded near $53 a barrel, holding its longest winning streak this year before US government data forecast to show record crude stockpiles declined.


Energy prices rebalancing after OPEC accord - Qatar

2017-04-28 07:04

Global energy markets are moving in the right direction after oil prices fell to historic lows due to oversupply, says Qatar's energy minister.

Oil trades below $50 amid mixed signals

2017-04-26 11:39

Oil has traded below $50 a barrel in New York amid conflicting signs on whether US crude stockpiles are retreating.

Oil rises after five-day slide as markets rally

2017-04-24 14:32

Oil has risen for the first time in six days as an OPEC-led committee was said to back prolonging supply cuts and as other markets rallied.

Gold slides with French tensions

2017-04-24 09:15

Gold has sunk the most in more than seven weeks as investors returned to riskier assets on speculation pro-growth centrist Emmanuel Macron will become France’s next president.

JSE closes off a disappointing week

2017-04-21 18:07

Trading on the local bourse has softened, closing off a disappointing week, as a firmer rand pushed down resource stocks and rand hedges.

OPEC gets a surprise after oil cuts: Higher stockpiles

2017-04-20 10:32

When OPEC and Russia meet next month to assess the impact of their oil cuts they face a surprising outcome: stockpiles are even higher than when they started.

Oil loses momentum on concern over supply

2017-04-18 09:03

Oil is losing momentum after the longest weekly rally in two months, with confidence that US crude stockpiles are beginning to shrink.

Oil inventories rose in first quarter despite OPEC cut

2017-04-13 10:33

Global oil inventories have probably increased in the first quarter despite OPEC’s near-perfect implementation of production cuts, says the International Energy Agency.

Gold gains with treasuries and yen on haven demand

2017-04-11 11:38

Gold and Treasuries have strengthened with the Japanese yen on lingering investor caution about global security risks and the path of US interest rates.

Oil holds near $53 as US crude stockpiles seen falling

2017-04-11 09:37

Oil has traded near $53 a barrel after the longest winning streak since December before US government data forecast to show record crude stockpiles declined.

Traffic Alerts
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.