Source: Financial Digest (financialdigest.net)
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South Africa Latest News, South Africa Headlines
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Opec cuts have less effect on oil prices than hopedBut energy firms in the US last week increased the number of oil rigs operating for the second time in three weeks
Source: BDliveSA - 🏆 12. / 63 Read more »
Oil slips, but Opec cuts provide a floorBrent falls on concern about a global economic slowdown, but support comes from production cuts and sanctions
Source: BDliveSA - 🏆 12. / 63 Read more »
IMF Lagarde says oil exporters have not fully recovered from the 2014 oil shockShe said there was scope to improve fiscal frameworks in the Middle East with some of the weaknesses emanating from “short-termism and insufficient credibility”.
Source: ewnupdates - 🏆 30. / 53 Read more »
BP net profit almost trebled to $9.4bnThe British multinational oil and gas company's oil prices soared in 2018. Maybe i should go into the oil business or consider clean energy. British Petroleum right? This is why other countries will never get broke.
Source: eNCA - 🏆 49. / 51 Read more »
Oil edges higher for first time in three sessionsBrent is stronger as investors digest Donald Trump’s state of the union address, but concerns over the outlook for the global economy cap gains
Source: BDliveSA - 🏆 12. / 63 Read more »
Greenpeace Africa slams Total over 'reckless oil exploration' | IOL NewsEnvironmental rights' group Greenpeace said that the discovery of more fossil fuels off the coast of South Africa was not a cause for celebration.
Source: IOL - 🏆 46. / 51 Read more »
Editorial: Oil find a mixed blessingEDITORIAL: Mining built South Africa’s economy, but it has left a devastating legacy: polluted rivers, toxic air, dying workers and 6 000 abandoned mines. The Average Joe on the street won't benefit from this; our fuel prices won't even be lowered. This is for the benefit of the ruling elite, both those in public and the private sector CapitalismKills ... we need TownshipTransformation NOW! Devastating legacy.... Enrich the already rich minority..... etc
Source: mailandguardian - 🏆 2. / 92 Read more »
Oil under pressure as US drilling activity perks upBrent falls as the number of rigs operating in the US increases and investors worry about global economic growth
Source: BDliveSA - 🏆 12. / 63 Read more »
South Sudan to return to pre-war oil production levels by mid-2020: ministerSouth Sudan will return to producing more than 350,000 barrels of crude per day by the middle of 2020, up from current levels of just over 140,000 barrels per day (bpd) currently, the country’s oil minister said on Sunday.
Source: SowetanLIVE - 🏆 13. / 63 Read more »
Oil prices steady as fall in global supply offsets rise in US stockUS crude inventories continue to climb, with output still at a record, but Opec cuts and the Venezuela crisis tighten the market
Source: BDliveSA - 🏆 12. / 63 Read more »