Brent crude oil News

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• Kremlin Rejects OPEC+ Output Changes as Brent Crude Surpasses $100 Amid Global Energy Standoff

  Published: Apr 23, 2026

  Section: Europe

  Kremlin spokesman Dmitry Peskov confirmed on Thursday that Russia and its OPEC+ partners have no immediate plans to adjust oil production volumes, despite the escalating Middle Eas...

• South African Rand Slumps to R17.20 as Middle East Conflict Triggers Massive Fuel Hikes

  Published: Mar 28, 2026

  Section: Africa

  The South African rand has weakened significantly against the US dollar as markets react to the ongoing volatility of the US-Iran war. Heightened risk aversion and surging global o...

• South African Inflation Predicted to Dip Below 4% in February Data, but Global Oil Volatility Threatens Near-Term Outlook

  Published: Mar 16, 2026

  Section: Africa

  Economists anticipate that South Africa’s headline CPI for February 2026 will drop to between 3.1% and 3.2% when officially released this Wednesday. While this reflects a period of...