Global oil demand will hit a record this year as Asian countries, particularly China and India, continue to expand ...

OPEC Plus says it will go ahead with its plan to increase crude-oil supply. The decision by the oil-producing group of ...

President Donald Trump confirmed Monday that 25% tariffs on Canada and Mexico are “all set” to take effect Tuesday. He also ...

At the same time, OPEC's policy on production increases remains flexible. "This gradual increase may be paused or reversed subject to market conditions. This flexibility will allow the group to ...

Brent futures were down $1.05, or 1.5 per cent, at $70.57 a barrel by 0924 GMT while US West Texas Intermediate (WTI) crude ...

Minerals and Petroleum Resources Minister Gwede Mantashe has confirmed that the price of petrol will decrease by 7c a litre ...