Oil rises as Saudi Arabia vows to hit back against any sanctions

2018-10-15 12:45

Oil has risen as traders assessed a threat by Saudi Arabia to retaliate against any punishment over the disappearance of a government critic.

South Africa among the losers as $85 oil opens chasm between emerging markets

2018-10-12 19:30

Oil prices have been creeping upwards for more than a year, quietly gaining ground as emerging-market investors fretted about trade and the end of cheap money.

A ticking time bomb in China has global markets looking really shaky right now

2018-10-10 11:36

"The larger the stimulus used by China to offset the trade war impact, the bigger its deficit will likely be," a report says.

Oil rises as storm halts output while IEA warns of supply crunch

2018-10-09 13:27

Crude has risen as storm Michael strengthened and shut some US oil output, while the International Energy Agency called on producers to pump more.

Asian markets tumble on US yields, China row worries

2018-10-05 07:53

Asian markets suffered further losses, hit by mounting fears about the path of US interest rate hikes and the increasingly fraught relations between China and the United States.

After another quarter of losses, is worst over for commodities?

2018-10-02 07:45

Commodities have just posted the longest losing streak in more than three years, and analysts and investors are giving conflicting signals over whether the worst is over.

Japan up but Asia shares struggle in thin holiday trade

2018-10-01 06:54

Japanese shares powered to new highs on Monday but other Asian equity markets struggled as holidays in key hubs resulted in a subdued start to the trading week.

Oil rides longest weekly rally since may with eyes on $100 crude

2018-09-28 10:12

Oil’s on course for the longest run of weekly gains in four months as energy giants to Wall Street banks predict the return of $100 crude on fears of an impending supply crunch.

Oil falters as Trump ups pressure while Goldman dissuades bulls

2018-09-26 10:18

Oil traded near $82 a barrel after President Donald Trump resumed his attack on OPEC while Goldman Sachs Group poured cold water on forecasts for $100 crude.

OPEC raises forecast based on US oil production

2018-09-25 08:28

The OPEC oil cartel raised its global production forecast based on higher-than-predicted US output in a report outlining a long-term rise in net demand, particularly in developing countries.


Global stock market sell-off resumes as Saudi sanction fears push oil higher

2018-10-15 12:21

The JSE tanked by almost 2% on Monday morning.

Oil pares weekly loss as supply concerns offset flight from risk

2018-10-12 10:20

Oil has pared a weekly loss as investor focus shifted from broader market turmoil spurred by a plunge in US equities and returned to looming shortages from Iran’s dwindling exports.

Oil trades above $74 on speculation storm may worsen supply risk

2018-10-10 09:17

Oil has traded above $74 a barrel on concerns Hurricane Michael in the US may exacerbate a supply crunch.

Oil poised for fourth weekly gain as supply concerns persist

2018-10-05 11:18

Oil is heading for the longest run of weekly gains since January on concern that higher Saudi and Russian output may not ease a supply crunch.

Oil trades near four-year high as US raises pressure on OPEC

2018-10-04 12:39

Oil has traded near a four-year high as the US urged OPEC to raise production amid growing alarm that American sanctions against Iran will squeeze global markets.

Oil holds gains, eyes on $100 a barrel, but Asia markets down

2018-10-02 07:42

Oil prices held around four-year highs Tuesday after another blistering rally, supporting energy firms, but most markets were in retreat as traders brushed off a positive lead from Wall Street and the US-Mexico-Canada trade deal.

What oil at $100 a barrel would mean for SA and the world economy

2018-09-30 10:34

Rising oil prices are prompting forecasts of a return to $100 a barrel for the first time since 2014, creating both winners and losers in the world economy.

India is said to cut imports of Iran oil to zero in November

2018-09-26 10:45

India isn’t planning to buy any Iranian oil in November, raising the prospect that Tehran will lose another major customer.

Asian markets rise as energy firms are boosted by oil surge

2018-09-26 06:36

Most Asian markets rose on Wednesday with energy firms surging with oil prices, while traders await the conclusion of a key Federal Reserve policy meeting.

Bad news for motorists as Brent oil boils over $80

2018-09-25 06:39

Brent oil soared close to $81, reaching the highest level since November 2014 after OPEC and other global producers snubbed pressure from US President Donald Trump to dampen prices.

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