Oil prices slip amid demand forecast

2015-10-13 14:35

Global oil prices have declined slightly as the International Energy Agency predicted slowing global demand for crude next year.

Oil rebounds in Asia

2015-10-13 07:26

Oil has rebounded in Asia on bargain hunting following a sharp fall the day before as lingering fears about the global crude supply glut continued to keep a lid on gains.

Oil prices climb as OPEC eyes demand recovery

2015-10-12 14:38

Global oil prices have edged higher as dealers digested an upbeat market assessment from the OPEC crude producers' cartel.

Oil prices extend gains in Asian trade

2015-10-12 07:39

Oil prices have climbed in Asia boosted by a weaker dollar and expectations a rise in demand will ease a global supply glut.

Oil climbs on weak dollar, Middle East worries

2015-10-09 14:47

Global oil prices have hit multi-month peaks on the back of the struggling US dollar and increasing geopolitical turmoil in the crude-rich Middle East.

Buhari lays down the law

2015-10-08 14:20

Nigerian President Buhari's anti-corruption crusade continues with the arrest of former petroleum resources minister, Diezani Alison-Madueke, for allegations of money laundering and bribery.

Oil prices bounce back in Asian trade

2015-10-08 07:40

Oil prices have bounced back in Asia as investors weighed a rise in US crude inventories and production against a forecast by OPEC's chief of rising demand.

Oil up as US production falls, stockpiles draw

2015-10-07 15:05

Oil prices have risen after data showed the market was beginning to tighten, with falling supply, higher demand and lower inventories after two years of heavy surplus.

Oil prices sustain rally

2015-10-07 07:28

Buoyant oil prices have sustained a rally in Asia driven by hopes the crude supply glut would ease and expectations the US central bank would hold off form hiking rates.

OPEC chief sees oil market improving

2015-10-06 16:00

The Organisation of the Petroleum Exporting Countries sees the oil market improving because of higher demand for crude and a drop in supply growth from non-members.


Global oil demand growth to slow in 2016: IEA

2015-10-13 11:30

The world's demand for oil is expected to slow in 2016 in response to a more pessimistic outlook for the global economy, says the International Energy Agency.

Oil prices erase earlier gains

2015-10-12 19:22

Global oil prices have dropped, reversing earlier gains, as some traders took profits and continued to fret over the stubborn global supply glut.

OPEC chief confident of a balanced oil market

2015-10-12 09:30

OPEC is confident that the oil market will be 'more balanced' next year as non-OPEC production has contracted and global demand is increasing.

Profit taking leaves oil flat

2015-10-11 14:13

Oil has edged up in New York and slipped in London as traders booked profits from the week's rally fueled by hopes for oversupply relief from lower US crude production.

Oil prices extend gains in Asia

2015-10-09 07:50

Oil prices have extended their recent rally in Asia on hopes that increasing demand and a decline in US crude production would ease a supply glut.

Oil prices edge higher on OPEC remarks

2015-10-08 14:16

The oil market has drifted higher as investors digested an upbeat demand forecast from the head of the OPEC crude producers' cartel.

Oil seesaws, struggles to extend rally

2015-10-07 19:05

Oil prices have seesawed in volatile trading, barely hanging onto a third day of gains after government data showing a large US crude inventory build.

US oil production on brink, say oil execs

2015-10-07 08:36

US oil production will start to decline soon unless oil prices rise, oil executives say, stating lower production could pave the way for a spike in the market.

Oil prices rebound sharply

2015-10-06 19:52

Global oil prices have soared to one-month peaks on simmering Syria tensions, rebounding equities, the weak dollar and upbeat comments from energy major Shell.

Oil sags as supply glut weighs

2015-10-06 14:50

Global oil prices have weakened, weighed down by abundant supplies that have plagued the market for months.

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.