Greenpeace team says it has obtained leaked records of countries asking scientists to water down upcoming scientific report on climate change
The petrol price could drop by about R1.50 a litre, if not more, in December
ANC national spokesperson Pule Mabe said the petrol was at its highest level ever
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/ 14 December 2011
Opec is due to hold a meeting to decide on oil production levels, with markets expecting it to keep it’s target of 24.84 million barrels per day.
Members of Opec are holding consultations over the oil market in light of the Libyan turmoil, the Kuwaiti oil minister said on Tuesday.
Nigerian militants clashed on Thursday with soldiers in the oil-rich Niger Delta before warning firms to evacuate staff by the weekend.
Oil prices vaulted to a record a barrel on Wednesday as violence in Nigeria, tight energy stockpiles and a weaker dollar triggered a surge of speculative buying, dealers said. Oil’s climb to the psychologically key triple-digit price helped send stocks tumbling on Wall Street and further darkened an already gloomy economic outlook in the United States.
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/ 23 November 2007
World oil prices fell on Friday after a momentous week that saw record peaks close to $100 as traders worried about tight energy supplies and geopolitical jitters in key producer countries. New York’s main contract, light sweet crude for January delivery, sank 95 cents to $96,34 per barrel. The contract had hit an historic $99,29 on Wednesday.
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/ 30 September 2007
Oil output in Nigeria has plunged by a quarter since the start of 2006 in the face of political unrest in the Niger Delta, reducing the country’s influence in the Organisation of Petroleum Exporting Countries (Opec) and limiting the effectiveness of Opec itself.