Oil prices were higher and the potential easing of Western sanctions on Russia was unlikely to significantly increase Moscow’s oil flows, Goldman Sachs said.

Goldman Sachs analysts asserted that a potential ceasefire in Ukraine and the subsequent easing of sanctions on Russia would ...

Iran's oil shipments to China have surged this month as traders navigated logistical hurdles caused by stricter US ...

EU envoys on Wednesday agreed on the 16th package of sanctions against Russia, EU diplomats said on Monday, including a ban ...

The International Energy Agency modestly raised its forecast for global oil-demand growth and said improved compliance with output quotas among members of the OPEC+ alliance is reducing a projected ...

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South Africa’s best source of news, opinion, and analysis from the business sector and political economy. Includes Business Day, Financial Mail, and Business Times. Markets. Indicators. JSE.