Oil prices down after weak China, Europe data

2014-09-02 14:03

World oil prices have fallenl after disappointing manufacturing data on China as well as Europe, and as dealers await fresh US economic figures.

Oil dips amid US holiday, China data

2014-09-01 15:35

Global oil prices have slid in subdued deals as dealers digested weak Chinese manufacturing data, analysts say.

Shell files new plan to drill in Arctic

2014-08-29 19:45

Shell has submitted a new plan for drilling in the Arctic offshore Alaska, more than one year after halting its programme after several embarrassing mishaps.

Malaysia's Petronas signs Argentine shale deal

2014-08-29 11:15

The Malaysian and Argentine state energy firms Petronas and YPF have signed a deal to invest $550m to develop shale oil in Argentina.

Iraq to appeal US court on Kurdish oil

2014-08-28 17:45

The Iraqi oil ministry says it will challenge a US court decision that stopped US marshals from seizing some one million barrels of disputed Kurdish oil.

Venezuela mulls importing Algerian crude

2014-08-27 19:50

Venezuela's state-run oil company PDVSA is considering importing Algerian light crude to be used as a diluent for its own extra heavy oil, according to documents.

Oil up ahead of US stockpiles report

2014-08-27 07:24

Oil prices have risen in Asia as dealers await the latest US stockpiles report for clues about demand in the world's top crude consumer.

Oil prices up in Asia

2014-08-26 07:35

Oil prices have risen in Asia as dealers await economic data for clues on whether the Federal Reserve will speed up its timetable for raising interest rates

Brent edges down, dollar pressures oil market

2014-08-25 11:00

Brent crude has dipped towards $102 a barrel as ample supply and a stronger US dollar continued to pressure oil markets.

UK oil output under threat

2014-08-22 16:45

Britain's oil industry is facing the threat of a cascade of North Sea rig closures, unless ageing platforms can urgently source more gas.

Maersk mulls buys after dry wells

2014-08-22 12:43

After recent dry wells and a $1.7bn impairment, Maersk Oil is slowing down exploration globally and virtually ceasing it in Brazil and the US Gulf of Mexico.

Oil prices down in Asian trade

2014-08-22 07:38

Oil prices have edged lower in Asia as dealers digested downbeat Chinese manufacturing data.

Oil prices down on fading supply fears

2014-08-21 07:44

Oil prices have edged lower in Asia on fading fears that conflicts in crude producers Libya and Iraq could result in a major supply disruption.

Oil prices rally from recent losses

2014-08-20 15:07

Oil prices have rebounded from the previous day's multi-month lows, as dealers awaited the latest update on crude reserves in top consumer the United States.

Oil prices rebound from 14-month low

2014-08-19 07:21

Oil prices have rebounded in Asia on bargain-hunting after tumbling on easing concerns about conflicts in Ukraine and Iraq, analysts say.

Oil prices down in Asian trade

2014-08-18 07:57

Oil prices have eased in Asian trade, but retained support from the latest round of tensions between Ukraine and Russia.

Oil prices inch higher after slump

2014-08-15 15:56

Oil prices have increaded slightly following sharp falls the previous day, stoked by a slew of downbeat global economic data.

Russian oil giant seeks funds for pensions

2014-08-14 18:00

Russia's largest oil producer Rosneft, is seeking a $42bn loan from a fund earmarked for Russian pensions to help it weather Western sanctions.

Oil prices in fresh falls

2014-08-14 15:09

Oil prices have fallen once more following a brief pull-back the day before, as the market focused on a weak demand outlook for crude.

EU seeks to stop Islamic Syrian oil sales

2014-08-14 08:59

The European Union is looking into how it could tighten sanctions to stop Islamic State militants from selling oil from fields they have overrun in Syria.

Brent crude hits one-year low on weak demand

2014-08-13 14:15

Brent North Sea crude oil has dropped to a one-year low point as weak demand expectations help offset potential supply disruptions caused by the Ukraine crisis.

Oil prices down on ebbing supply fears

2014-08-12 07:42

Oil prices have fallen in Asia on easing concerns about supply disruptions arising out of conflicts in Ukraine and Iraq, analysts say.

Oil prices higher amid Iraq focus

2014-08-11 07:43

Oil prices have risen in Asia as dealers monitor US air strikes on extremist militants in Iraq, who are threatening the crude oil rich Kurdish region.

Iraq Kurds say oil production unaffected

2014-08-10 15:00

Oil production from Iraqi Kurdistan remains unaffected despite an incursion by Islamic State militants along the autonomous region's border.

Yemen resumes pumping oil through main pipeline

2014-08-08 16:30

Yemen has resumed pumping crude through its main export pipeline after repair works had been completed, say government and oil sources.


Oil mixed after weak China, Europe data

2014-09-02 07:15

Oil prices have been mixed in Asia after disappointing manufacturing data from China as well as Europe, and as dealers await fresh US economic figures.

Oil prices mixed in Asian trade

2014-09-01 07:32

Oil prices have been mixed in muted Asian trade ahead of a public holiday in the United States and as dealers digest downcast Chinese manufacturing data.

Uganda's oil reserves double

2014-08-29 19:30

Uganda's estimated oil reserves have almost doubled to more than 6.5 billion barrels based on new estimates by international oil companies prospecting.

Oil prices up on Ukraine tensions

2014-08-29 09:10

Oil prices have risen in Asia supported by renewed Russia-Ukraine tensions and upbeat US economic data.

Latin America woos foreign oil firms

2014-08-28 13:00

Some of Latin America's largest oil producers are on a charm offensive to woo foreign investment, but are still keen to keep a firm government grip.

Oil rises before US crude inventories report

2014-08-27 12:43

Global oil prices have climbed as dealers awaited the latest US stockpiles report for clues about demand in the world's top crude consumer.

Brent inches up, supply glut caps gains

2014-08-26 10:19

Brent crude has edged up, rising for a second session, although persistent supply pressure and weak economic data in major consumer countries curbed gains.

Statoil to keep Rosneft partnership

2014-08-25 15:42

Norwegian energy group Statoil intends to continue its partnership with Russia's Rosneft, despite Western economic sanctions imposed on Moscow.

Oil prices down in Asian trade

2014-08-25 07:44

Oil prices have fallen in Asian trade on a stronger dollar as investors digested Federal Reserve chief Janet Yellen's defence of the bank's monetary policy.

Edinburgh, London battle over black gold

2014-08-22 15:16

North Sea oil has been at the centre of fierce debate over Scotland's future ahead of an independence vote next month.

Could shale revive China's flagging oil fields?

2014-08-22 12:00

There is no doubting the immense achievement that the Daqing oil fields represented, the first fields developed entirely with Chinese expertise.

Oil falls towards 14-month low near $101

2014-08-21 12:45

Brent crude oil has fallen towards $101 a barrel, just above a 14-month low on plentiful fuel supplies and Chinese economic data pointing to slowing demand.

Libya restarts oil exports from biggest port

2014-08-20 18:38

Libya has restarted oil exports from its biggest port for the first time since the end of a year-long blockade, a boost to the government struggling with clashes.

Oil prices mixed in Asia

2014-08-20 07:44

Oil prices have been mixed in Asia as investors await the release of US Federal minutes, while keeping an eye on the latest stockpiles data.

Oil prices slide in poor start to week

2014-08-18 14:00

World oil prices have fallen sharply, handing back pre-weekend gains on easing supply worries in both Ukraine and Iraq, dealers say.

Silver market reboots old price benchmark

2014-08-15 16:00

The silver market enters a new era after a regulatory drive for more transparency in price setting brought the 117-year-old silver 'fix' to an end.

Oil prices rebound in Asia

2014-08-15 08:45

Oil prices have rebounded in Asia on bargain-hunting following sharp falls stoked by a slew of downbeat global economic data.

Spain clears oil exploration off Canary Islands

2014-08-14 16:00

Spain's governnment has given oil group Repsol the all-clear to explore for oil and gas off the coast of the tourism-dependent Canary Islands.

Mexico's Pemex retains 83% of oil reserves

2014-08-14 11:00

Mexico's state oil company Pemex has retained rights to 83% of the country's oil reserves, as the government began implementing landmark energy reforms.

Oil prices down in Asian trade

2014-08-14 07:27

Oil prices have fallen in Asia following a surprise increase in US commercial crude-oil stockpiles and a slew of soft economic data from energy consumers.

Oil prices extend losses in Asia

2014-08-13 07:40

Oil prices have widened losses in Asia after the International Energy Agency slashed its demand outlook for 2014 and 2015.

Tycoon claims huge oil find in DR Congo

2014-08-11 19:43

A company owned by Israeli mining magnate Dan Gertler says it has discovered vast potential reserves of oil in the east of the Democratic Republic of Congo.

Chad ends Chinese permits over alleged violations

2014-08-10 18:00

Chad has decided to withdraw five exploration permits issued to Chinese oil giant CNPC and press charges over a $1.2bn fine for environmental violations.

Opec trims 2014 oil demand growth forecast

2014-08-08 17:30

The Opec oil cartel has cut its 2014 forecast for global oil demand growth after weaker-than-expected economic growth in rich countries.

Israeli billionaire strikes oil in DRC

2014-08-08 11:39

Billionaire Dan Gertler's company has discovered an amount of oil similar to the proven reserves of oil producers Britain and South Sudan in the DRC.

Jobs in Cape Town [change area]

Jobs in Western Cape region


Cape Winelands
Helderberg Personnel cc
R20 000 - R25 000 Per Month

Bakery Millwright

Cape Town
Communicate Cape Town Engineering
R300 000 - R360 000 Per Year

Senior Vendor Controller/Accounts Payable

Cape Town Northern Suburbs
Your Move Personnel

Property [change area]

Travel - Look, Book, Go!

Magical Massinga

Spend 5 nights at the gorgeous Massinga Beach Lodge in Mozambique and only pay for 4 from R13 220 per person sharing. Includes return flights, accommodation, transfers and romantic turndown. Book now! - shop online today

Camping gear!

We’ve got all your camping must have’s right here at mind blowing low prices. Check them out now!

Herbex – buy 3 & get 1 free!

Fat burn packs, appetite control chewies, stretch mark cream and more. Offer valid while stocks last. Shop now.

30% off Jinger Jack handbags

Spice up your wardrobe and save 30% on stylish Jinger Jack handbags. Offer valid while stocks last. Shop now!

Buy 3 books & pay for 2

The cheapest of the 3 books will be free. Offer valid while stocks last. T&Cs apply. Shop now!

Deal of the week!

Hisense 40” Full HD LED Television now R3999. Offer valid while stocks last. Buy now!

OLX Free Classifieds [change area]

Samsung Galaxy s4

Mobile, Cell Phones in South Africa, Western Cape, Cape Town. Date October 24

Best bargain in big bay

Real Estate, Houses - Apartments for Sale in South Africa, Western Cape, Cape Town. Date October 25

VW Golf 6, 1.6 Trendline (Excellent condition)

Vehicles, Cars in South Africa, Western Cape, Cape Town. Date October 25

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.