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Opec members must combat the US shale oil boom, according to Saudi Arabia's Oil Minister Ali al-Naimi.read more ...
Administrators implementing a rescue plan for Ellerine have so far failed to find bidders for the bulk of the assets, they told creditors.read more ...
Gold has fallen more than 1% to head for its first weekly drop in four on the back of sharply lower oil prices and dollar strength.read more ...
South African stocks have edged lower, with Sasol tumbling after oil hit a four-year low.read more ...
A Johannesburg-based aerosol factory has executed their evacuation with precision, after a fire started in the warehouse, causing multiple explosions.read more ...