by sundelbolong | Jun 4, 2020 | Business & Finance News
London, June 4, 2020 – A rally in global stock markets petered out Thursday, while oil prices fell, with investors cautious as they waited for a key European Central Bank meeting. “After enjoying a very bullish session yesterday, it seems that traders are...
by sundelbolong | Jun 3, 2020 | Business & Finance News
Sasol shares gained as much as 14% on Wednesday as the price of Brent Crude oil rose above $40 a barrel for the first time in nearly three months, before pairing gains to trade up 1.5% in the early aftrenoon. After coming under pressure from the combined effects of...
by sundelbolong | May 29, 2020 | Business & Finance News
The fall in the petrol price of recent months is set to come to an end in June, according to the latest projections released by the Automobile Association on Friday. The Association said in a statement that petrol is expected to increase by up to R1.18 a litre. The...
by sundelbolong | May 20, 2020 | Business & Finance News
For the world’s most important commodity, there’s never been a month like it. Just a few weeks ago, crude oil was akin to industrial waste in some parts of the world, something you had to pay people to take away. Now prices are surging, up about 70% in New York since...
by sundelbolong | May 19, 2020 | Business & Finance News
Saudi Aramco is the first major global oil producer to see its stock recover to the level it traded at before the price war between Russia and Saudi Arabia. Aramco climbed 3.1% in Riyadh on Tuesday, advancing for a record sixth day alongside an extended increase in...
