Oil Prices

Elemental power is fuelling a new world order

Germany and China lead the way, and now South Africa is starting to see that renewable energy could be its ‘saviour’

Saudi tensions could increase SA fuel prices

A rapid price hike will result in South Africans paying more for food and transport.

​Libya, Nigeria may scupper oil price plan

Should Libya hit the target of 900 000 barrels a day, it would replace about one-third of the supplies being cut by other Opec nations.

​As Venezuela crumbles in financial disarray, so too does the pink tide of socialism

Many believed Chávez would lead the world from capitalism to socialism, but an over-reliance on oil has seen his leftist vision disintegrate.

Low oil prices: An opportunity to set democratic frameworks for governing oil resources

The more inclusive the consensus on how to manage oil resources in truly democratic ways, the better for investors’ profit in the long term.

Low oil prices put traders in clover

Savvy energy industry executives have made a mint out of the current climate of volatility.

Tanker prices hint at receding global oil glut

Stockpiling barrels on ships would result in losses rather than bumper profits, indicating that the current surplus may not be as large as feared.

Cheap oil pushes Saudi reform

Saudi Arabia is realising that it has to look to a future that does not depend solely on fossil fuel.

Big bucks drive oil pipe sabotage in Niger Delta

Petroleum companies in the Niger Delta seek alternatives to the destructive and costly business.

US oil production beats drill chill

The number of active oil rigs in the US, although down from 1 609 in October, rose by six to 670 last week, the third straight weekly gain.

Global oil price down amid glut and slow demand

Oil is trading in a bear market as expanding supplies and signs of slower economic growth in China fuelled a rout in commodities from gold to copper.

Oil prices recover as Iran talks, Greek crisis drag on

Oil prices recovered after Iran nuclear talks extended until July 7, despite uncertainty over the Greek financial crisis, analysts said.

Latest

From the archives: For the first time, an insiders’ account of the Third Force

Two young gangsters give an horrific account of how they were encouraged, equipped and trained to carry out violence against ANC-linked targets by the security forces.

Ramaphosa bets big on infrastructure to boost economy

Sona was a mixed bag but there were some meaningful announcements

Stranded commuters say Ramaphosa’s rail promises ring hollow

Cape Town’s largest passenger rail line has been closed for months, hitting people’s pockets and adding to road traffic congestion

Press Releases

Response to the report of the independent assessors

VUT welcomes the publishing of the report of the independent assessors to investigate concerns of poor governance, leadership, management, corruption and fraud at the university.

NWU student receives international award

Carol-Mari Schulz received the Bachelor of Health Sciences in Occupational Hygiene Top Achiever Award.

Academic programme resumes at all campuses

Lectures, practicals, seminars and tutorials will all resume today as per specific academic timetables.

Strategic social investments are a catalyst for social progress

Barloworld Mbewu enables beneficiaries to move away from dependence on grant funding

We all have a part to play to make South Africa work

Powering societal progress demands partnerships between all stakeholders

So you want to be a social entrepreneur?

Do the research first; it will save money and time later

Social entrepreneurship means business

Enterprises with a cause at their core might be exactly what our economy desperately needs

Looking inwards

Businesses are finding tangible ways to give back – but only because consumers demand it