Brent Crude
latest news & developmentsBig fuel price rise from Wednesday
The department of mineral and petroleum resources has confirmed that petrol will increase by R3.27 a litre, while diesel will increase by R6.19a litre, depending on the sulphur…
Fuel prices rise on Wednesday; government announces temporary relief
Petrol will rise by R3.06 a litre and diesel by up to R7.51/litre but a temporary R3/litre fuel levy relief will be in effect until 5 May
The April fuel cliff: Why South Africa’s policy paralysis costs us more than the Middle East war
This breakdown reveals that a significant portion of the fuel price sits within domestic policy control. The government cannot stop a war in the Middle East but it can intervene…
World war of economics
An interconnected world has rendered us interdependent but also vulnerable to shock across economic geographies, forcing distinct national responses
Rising oil prices threaten African economies, new analysis warns
Sub-Saharan Africa’s reliance on imported oil leaves countries exposed to economic shocks amid the escalating Middle East conflict. Rising crude and LNG prices threaten import…
Qatar halts LNG output as Iran conflict hits Gulf energy infrastructure
Qatar is one of the world’s largest exporters of liquefied natural gas and a suspension of output removes roughly 20% of global trade by volume from immediate supply
Fuel prices to fall sharply, driven by lower global oil markets
From 7 January, 93-grade unleaded petrol will decrease by 62 cents a litre while 95-grade petrol will cost 66 cents less
Petrol price to fall by 28 cents from 6 August, diesel to rise
From Wednesday, 95-grade unleaded petrol will cost R21.59 per litre in Gauteng and R20.76 in coastal areas
Petrol jumps over R20 a litre inland
Ahead of travel season, Wednesday’s fuel price hike will push the price of petrol – around R19.50 a litre – to above R20 in Gauteng and other inland provinces
Oil volatile amid cartel crisis
The breakdown of the oil-producer alliance could cause already high prices to spike
Oil boom may be the industry’s last hurrah
Biggest players in the game show signs of recovery but a low-carbon future may threaten fossil fuel
Covid upends logic of return on investment, whatever the cost
“Now that fossil fuels don’t give long-term security, or an absurd return on investment, there is a real chance to look at the world differently.”