Mail & Guardian
Mail & Guardian
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Oil sets new record near $120

Oil hit a new record near a barrel on Monday, boosted by a string of bullish factors that include a United Kingdom refinery strike and disruptions to Nigeria’s output that…

Oil extends slide on economic worries

Oil prices extended a week-long slide on Thursday, briefly tumbling below a barrel for the first time in two weeks amid growing concerns an economic slowdown in top consumer the…

Oil hits record $107 a barrel

Oil hit a record high of a barrel on Monday, reversing earlier losses as investors sought oil as a hedge against a depressed dollar and inflation. A rush by financial funds into…

Oil pauses below record highs, awaits Opec decision

Oil eased on Tuesday after it reached a record of almost a barrel in the previous session, buoyed by investor demand for commodities as well as expectations Opec will not…

Oil price hits new peak as dollar slumps

Oil powered to a new record above a barrel on Wednesday, closing in on its inflation-adjusted lifetime peak, as an ailing dollar on worsening United States economic data…

Oil prices surge following Opec supply report

Oil prices surged above a barrel on Monday for the first time after the Organisation of the Petroleum Exporting Countries (Opec) said crude production by non-Opec countries is…