crude oil
crude oil
crude oil
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Fuel price shock expected for April as Middle East conflict drives oil surge
Motorists are facing a nightmare outlook for April, with mid-month data from the Central Energy Fund indicating steep hikes for petrol and diesel.
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Middle East oil shock ‘largest’ in history as Iran hits new Gulf targets
The Middle East war has caused the biggest oil supply shock in history, with prices spiking above $100 a barrel.
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Oil prices surge past $100 as Middle East war triggers global economic crisis
Oil prices surged past $100 a barrel on Wednesday as the escalating Middle East conflict triggered widespread disruptions to global energy markets and prompted emergency responses from governments worldwide.
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‘No immediate fuel shortage risk despite global oil price rise’ – says government
South Africa currently faces no fuel shortages despite rising oil prices, with operational refineries ensuring supply stability amid geopolitical tensions.
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SAA monitors Middle East tensions amid fuel supply concerns
South African Airways is monitoring geopolitical developments in the Middle East as the national carrier assesses potential impacts on global jet fuel supply.
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Rising fuel prices set to drive up food and transport costs
Consumers may face significantly higher grocery bills and living costs from April, as anticipated fuel price increases threaten to trigger a wave of price hikes.
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Oil plunges, stocks rally as Trump says war to end ‘very soon’
Crude oil prices dropped sharply as Trump announced the Middle East war could end soon, boosting equity markets amidst ongoing volatility.
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Nobel economist says Middle East war unlikely to trigger 2008-scale crisis
Middle East war unlikely to trigger 2008-scale economic crisis but oil prices above $150 per barrel could cause 1973-style shock.
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Crude soars, stocks drop after US strikes on Iran
Oil prices soared and stocks fell in Asia on Monday after US-Israeli strikes on Iran sent investors fleeing the prospect of an extended conflict in the crude-rich Middle East.
