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LATEST

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Emerging Markets

South Africa to build 36-million-barrel oil reserve, biggest stockpile since apartheid

Nairametrics · 1h ago · 🇳🇬 Nigeria

South Africa to build 36-million-barrel oil reserve, biggest stockpile since apartheid

South Africa is planning to increase its strategic petroleum reserves to about 36 million barrels, marking its first major expansion of emergency oil stockpiles since the apartheid era, as the country seeks to protect its economy from future global fuel supply disruptions. The post South Africa to build 36-million-barrel oil reserve, biggest stockpile since apartheid appeared first on Nairametrics .

Read the full story at Nairametrics →

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