Crude Oil

During the most recent energy crisis – triggered by attacks by the US and Israel on Iran that resulted in the near closure of the Strait of Hormuz energy corridor ahead of a tenuous ceasefire – one... 

European and Asian refiners are paying record high prices of near $150 a barrel for some crude oil grades, far exceeding prices for paper futures, highlighting the worsening supply crisis from the... 

Nigeria's Dangote refinery, Africa's largest, has increased exports of gasoline and urea to African countries hit by supply disruptions caused by the Iran war, its owner Aliko Dangote said on... 

The World Bank Group has warned that the ongoing conflict in the Middle East is placing increasing pressure on global commodity markets and supply chains, with emerging market economies already... 

In our weekly Energies Briefing to our clients on February 20, 2026, we noted that, “…it would seem that war is imminent, with [US President Donald] Trump threatening ‘really bad things’ by the... 

Neutralising Iran could make crude oil much cheaper because the threat posed by Tehran imposed a "terror premium" that inflated global oil prices for decades, a top White House adviser said in a... 

Energy market intelligence company S&P Global Energy says the 17-million-barrel-a-day reduction in crude oil and refined product supply available to the market from March 1 to 11 represents the... 

With 15-million barrels a day of Gulf supply suddenly offline, global oil demand will need to fall to rebalance the market, a process that could require prices to reach $150/bbl, new analysis by... 

On March 4, the price of 93- and 95-octane petrol will increase by 20c/ℓ, diesel with a sulphur content of 0.05% will increase by 62c/ℓ, diesel with a sulphur content of 0.005% will increase by... 

In this article, South African offgrid electric vehicle (EV) charging infrastructure developer Zero Carbon Charge co-founder and chairperson Joubert Roux writes about the renewed use of oil as a...