OPEC | Bizcommunity

OPEC | Bizcommunity

News

Source: Reuters.

Banking

AfDB raises $11bn for low-cost lending window, no word on US funding

Duncan Miriri 18 hours

Image credit: Reuters

Markets & Investment

Oil price hits 5-month low following Trump's tariff threats

Erwin Seba 13 Oct 2025

Source: Reuters.

Finance

Stocks mixed, gold hits record as US government shuts down

Samuel Indyk, Stella Qiu and Ankur Banerjee 1 Oct 2025

Mixed bag as petrol increases slightly, diesel on the downturn

Fuel & Energy

Mixed bag as petrol increases slightly, diesel on the downturn

30 Sep 2025

Markets & Investment

Eni and BP's joint venture to invest another $5bn in Angola

3 Sep 2025

Motorists to pay less as petrol, diesel prices cut

Fuel & Energy

Motorists to pay less as petrol, diesel prices cut

2 Sep 2025

Fuel prices set to decrease for August 2025

Fuel & Energy

Fuel prices set to decrease for August 2025

5 Aug 2025

Image credit: Narcisa Aciko on Pexels

Energy

SA, AfDB sign $474.6m loan agreement for Just Energy Transition

25 Jul 2025

Image credit: Zbynek Burival on Unsplash

Coal, Oil & Gas

Angola boosts oil output by 60,000 bpd

24 Jul 2025

Image credit: Jethro Carullo on Unsplash

Coal, Oil & Gas

BP, Shell to conduct hydrocarbon studies in Africa

8 Jul 2025

Finance

OPEC Fund commits $1bn in new financing for developing nations

Duncan Miriri and Marc Jones 19 Jun 2025

Image credit: Raff Liu on Unsplash

Coal, Oil & Gas

Oil prices surge as Iran-Israel conflict causes production concerns

Seher Dareen 17 Jun 2025

Fuel prices decrease from Wednesday

Fuel & Energy

Fuel prices decrease from Wednesday

3 Jun 2025

Source: Supplied.

4th Industrial Revolution

Shares finish down with investors focused on Nvidia results

Chibuike Oguh 29 May 2025

Fuel price relief: petrol and diesel costs to decrease in May

Fuel & Energy

Fuel price relief: petrol and diesel costs to decrease in May

5 May 2025

Relief at the pumps as fuel prices set to come down

Fuel & Energy

Relief at the pumps as fuel prices set to come down

1 Apr 2025

Oil steady; market eyes OPEC+ output increase, US tariffs

Coal, Oil & Gas

Oil steady; market eyes OPEC+ output increase, US tariffs

5 Mar 2025

Miniatures of oil barrels and a rising stock graph are seen in this illustration. Source: Reuters/Dado Ruvic

Coal, Oil & Gas

Oil price spikes after Trump cancels Chevron Venezuela licence

Stephanie Kelly 28 Feb 2025

Markets & Investment

Natural Resources Outlook 2025: Trade tariffs and geopolitics set to bolster gold's appeal

George Cheveley 13 Jan 2025

Source: © 123rf The fuel prices for January 2025 will be adjusted with increases for Petrol 93, Petrol 95 and for diesel

Fuel & Energy

SA welcomes in 2025 with petrol and diesel increases

29 Dec 2024

Consumers brace for higher petrol prices in December

Fuel & Energy

Consumers brace for higher petrol prices in December

4 Dec 2024

Source: Reuters.

Economy

Oil hovers at one-month low with supply drivers back in focus

Laila Kearney 30 Oct 2024

Markets & Investment

Middle East crisis: How oil price outcomes will impact wider financial markets

25 Oct 2024

South African motorists get welcome relief at the pumps.

Fuel & Energy

South Africans rejoice at fourth fuel price drop

3 Sep 2024

August brings fuel price relief for South African motorists

Fuel & Energy

August brings fuel price relief for South African motorists

5 Aug 2024

Source: Reuters.

Economy

Oil holds ground amid political uncertainty in US, Mideast

Florence Tan 15 Jul 2024

Good news for motorists as fuel prices decrease

Fuel & Energy

Good news for motorists as fuel prices decrease

3 Jul 2024

2023 was a record year for all energy consumption. Source: Viktor Kiryanov/Unsplash

Energy

Energy Institute report says 2023 was record year

Lindsey Schutters 25 Jun 2024

Saudi Arabia still commands the largest supply in OPEC+

Coal, Oil & Gas

OPEC+ extends oil production cuts into 2025 to stabilise prices

Lindsey Schutters 3 Jun 2024

Coal, Oil & Gas

Galp Energia says Mopane oil field contains 10bn barrels

Sergio Goncalves 22 Apr 2024

Coal, Oil & Gas

OPEC courts Namibia as country embraces energy resources

Natalie Grover and Wendell Roelf 15 Apr 2024

HE Haitham Al Ghais, Secretary General of OPEC

Materials & Equipment

We face a transport and construction apocalypse if oil vanishes

Haitham Al Ghais 25 Mar 2024

Fuel prices rise on back of higher global oil costs and weaker rand

Energy

Fuel prices rise on back of higher global oil costs and weaker rand

Lindsey Schutters 4 Mar 2024

NUPRC CEO Gbenga Komolafe in December received awards for public service from the SUN Newspaper and for distinction from foreign investment network. Source: Facebook/NUPRC

Markets & Investment

Nigeria invests $13.5bn to fight oil theft and vandalism

Camillus Eboh 2 Jan 2024

Coal, Oil & Gas

Angola decides to leave OPEC, says it doesn't serve its interests

Miguel Gomes, Ahmad Ghaddar and Alex Lawler 21 Dec 2023

African Energy Chamber predicts 'relative calm' market

Coal, Oil & Gas

African Energy Chamber predicts 'relative calm' market

NJ Ayuk 20 Nov 2023

Coal, Oil & Gas

Nigeria oil industry turns a corner, introduces new Nembe grade

Natalie Grover, Robert Harvey and Ahmad Ghaddar 8 Nov 2023

Coal, Oil & Gas

Dangote refinery will transform Nigeria into oil net exporter

Julia Payne and Libby George 3 Nov 2023

Petrol price set to decrease by R1.78

Fuel & Energy

Petrol price set to decrease by R1.78

30 Oct 2023

Source: Sergio Sousa/Pexels

Energy

Petrol and diesel prices decrease on Wednesday

30 Oct 2023

#AEW2023: OPEC says energy-starved Africa needs fairer climate treatment

Energy

#AEW2023: OPEC says energy-starved Africa needs fairer climate treatment

Wendell Roelf 17 Oct 2023

Coal, Oil & Gas

Nigeria accelerates oil contract agreements

Camillus Eboh 26 Sep 2023

Pump jacks operate at sunset in an oil field in Midland, Texas. Source: Reuters/Nick Oxford

Energy

Oil price breaches $90 as Saudi Arabia and Russia extend supply cuts

Natalie Grover, Katya Golubkova and Andrew Hayley 5 Sep 2023

Source: Reuters. China's Minister of Commerce Wang Wentao and South Africa's Minister of Trade, Industry and Competition Ebrahim Patel.

Economy

#BRICS2023: What is Brics and who are its members?

Bhargav Acharya 22 Aug 2023

Image source: Maahid Photos from

Coal, Oil & Gas

Nigeria's Forcados crude oil exports have resumed, says Shell

Natalie Grover 14 Aug 2023

Source: Reuters.

Markets & Investment

Dollar firms as weak Chinese data dampen risk appetite

Andre Cilliers 5 Jul 2023