The blow to oil markets this past week is bringing bad news for South African motorists in July, with mid-month data pointing to under-recoveries for petrol and diesel prices.

By Purvi Agarwal and Sanchayaita Roy (Reuters) -European shares tumbled on Tuesday as the conflict between Iran and Israel ...

Global markets have remained relatively calm amid the escalating tensions between Israel and Iran. But that sentiment could quickly shift, according to experts, if the conflict affects the Strait of ...

Oil demand will continue to be weighed by the ongoing trade conflict between the U.S. and most of its trading partners, Commerzbank Research said.