A small London trader reportedly made almost R9 billion when oil plunged below zero

Tiny trading house Vega Capital London reportedly made R8.7 billion when US oil prices...

Shell suffers a R300 billion loss amid low oil prices and slumping demand

Shell's gloomy forecast follows its decision to cut its dividend the first time since...

Deutsche Bank says it will no longer invest in fracking or Arctic oil as banks turn away from fossil fuels

The bank is cutting ties with fracking projects in countries with short water supply, and...

Markets jump as China encourages stock-buying to support virus recovery

The Dow continued gains after climbing more than 3% last week as US economic data came in...

Goldman Sachs says oil demand won't rebound to pre-coronavirus crisis levels until at least 2022

Gasoline demand is expected to be the fastest to recover among oil products due to a...

BP slashed its valuation by almost R300 billion as it adjusts to oil's new normal

Last week, BP announced it would slash 10,000 jobs in an effort to cope with the global...

Oil leaps as major producers look to extend record production cuts through July

Major producers including Russia want to extend cuts for one more month, Bloomberg...

Here's the timeline for the oil-price war and April plunge

The world's most-traded commodity has largely rebounded in May, but traders still fear...