oil prices

 
​As Venezuela crumbles in financial disarray, so too does the pink tide of socialism
​As Venezuela crumbles in financial disarray, so too does the pink tide of socialism
When global financial services firm Lehman Brothers – once the pride of Wall Street – buckled in 2008, it was cause for alarm across much of...
Low oil prices: An opportunity to set democratic frameworks 
for governing oil resources
Low oil prices: An opportunity to set democratic frameworks for governing oil resources
How do governments respond to the historically low oil prices? Could current price levels contribute to lowering the opportunities for corruption...
Low oil prices put traders in clover
Low oil prices put traders in clover
Even in the closely knit energy industry they are virtually unknown. On the streets of Geneva, London and Houston they go unrecognised. Yet a...
Tanker prices hint at receding global oil glut
Tanker prices hint at receding global oil glut
One of the warning lights that there’s too much oil around is no longer flashing, adding to signs that global crude markets are finally on the...
Cheap oil pushes Saudi reform
Cheap oil pushes Saudi reform
In the Al-Faisaliah mall in central Riyadh, the call to midday prayers brings down the shutters on shops selling luxurious global brands and the...
Big bucks drive oil pipe sabotage in Niger Delta
Big bucks drive oil pipe sabotage in Niger Delta
Pipeline vandalism in the Niger Delta cost the state and oil companies $14-billion a year and devastated up to 52?000 hectares of land in 2014,...
US oil production beats drill chill
US oil production beats drill chill
The Energy Information Administration (EIA) cut its United States crude production outlook for this year and next, as lower prices reduce the number...
Global oil price down amid glut and slow demand
Global oil price down amid glut and slow demand
Oil in London traded near $50 a barrel this week after reaching a six-month low amid speculation that Iranian supplies will exacerbate a global...
Oil prices recover as Iran talks, Greek crisis drag on
Oil prices recover as Iran talks, Greek crisis drag on
US benchmark West Texas Intermediate (WTI) for August delivery was up 14 cents at $57.10 in mid-afternoon Asian trade while Brent was 25 cents...
Oil futures slump as Opec keeps pumping
Oil futures slump as Opec keeps pumping
Oil fell after the International Energy Agency said this year's price rally is under threat, with the biggest members of the Organisation of...
Reserve Bank moves cautiously on interest rates
Reserve Bank moves cautiously on interest rates
The South African Reserve Bank will assess the broad effect of low oil prices before deciding on interest rates next week. The bank's governor,...
Cheaper oil price will be a boon for poorer families
Cheaper oil price will be a boon for poorer families
The price of oil may have halved over the past six months but it has left consumers wondering when prices of other goods and services are going to...

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