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Rollercoaster day at the global oil market
Oil prices have rebounded from early losses after Saudi Arabia denied considering an output increase.
Global oil prices staged a comeback from 10-month lows today caused by conflicting reports that oil cartel OPEC+ is considering a 500,000bpd output hike. The Saudis denied the reports.
South Africa's troubled energy utility company Eskom, says it has run out of cash to buy diesel. The country has been grappling with months of severe power cuts which are hurting businesses and the economy.
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(Picture: Oil platform at sea at sunset. Credit: Getty Images.)
Last on
Mon 21 Nov 2022
22:32GMT
成人快手 World Service
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- Mon 21 Nov 2022 22:32GMT成人快手 World Service