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Falling Oil Price

  • The Butterfly Effect may blow up Africa
  • You may have heard of the Butterfly Effect. Chaos theory predicts it is possible for the flap of a butterfly's wing in China to cause a hurricane in the US. Though this sounds like fantasy, we may actually be witnessing one of the greatest “butterfly effects” in history. A little while ago, likely in 2019, a single virus particle made a jump from bats to humans. In terms of scale, this... ››› more
  • [30 April 2020]
  • What today's budget means for you
  • Earlier today, finance minister Nhlanhla Nene gave his first full budget speech. So what impact will today's budget have on you and your pocket? Let's take a closer look… The fuel price will rise 80.5c thanks to levy hikes Over recent months, motorists have benefitted from the falling oil price. This has resulted in significant cuts to the fuel price. But the finance minister took... ››› more
  • [25 February 2015]
  • How the falling oil price will bank you a 233% gain in under two months!
  • Oil is well on its way down, and the on-going wars between oil producers don't look like they're going to end just yet... But - This is perfect for traders like you… Less than four months ago, Sasol was trading at R637.00 a share and has since plummeted to R400.00 - A mind-blowing 37% fall in the share price in only a matter of months! But, looking at the charts, I expect the next ta... ››› more
  • [07 January 2015]
  • Don't even think about buying this one stock while oil is tanking!
  • There've been mixed emotions with the ongoing oil crash. This week, the petrol price dropped 127 cents, and everyone is over the moon! In fact, when I filled up my car, I saved a whopping R50 and I felt ecstatic. Yay! Excuse my sarcasm... But on the other hand, oil dropped an insane 59.74% from $126.69 to $51 a barrel. And now, it's starting to have a lethal impact on the oil st... ››› more
  • [07 January 2015]
  • The New Year brings an even lower oil price with it
  • After the slide in the oil price last year, few could have anticipated the further fall in price. But as the first trading week of 2015 gets underway, the price of Brent crude oil has continued to fall. So why is the price of oil continuing to slide? Let's take a closer look… The oil price hits a five-and-a-half year low The oil price is still under pressure as it hit a five-an... ››› more
  • [05 January 2015]
  • The petrol price will drop 67c next Wednesday
  • After much speculation, the price of petrol will drop significantly next week, along with the price of diesel. The falling oil price and a steady rand have helped contribute to another fall in the fuel price. Let's take a closer look… The price of petrol and diesel will both fall Earlier today, the Department of Energy confirmed that both the petrol price and the diesel price will... ››› more
  • [28 November 2014]
  • The rand weakens slightly in anticipation of trade data out later today
  • The rand was trading slightly weaker against the dollar this morning. Traders are waiting for the release of South African trade data that comes out later today. Expectations are that the trade deficit will have increased markedly from September to October. Let's take a closer look at what's going on… The rand weakens but not as much as some of its emerging market counterparts The... ››› more
  • [28 November 2014]
  • It's time to jump aboard the investment opportunities that come with a falling oil price
  • Since June, the oil price has slid nearly 30%. This fall means cheaper fuel for motorists, leaving more money in their pockets. Not only that, a lower oil price not only benefits consumers, it also benefits businesses, large and small. The price of oil has a powerful effect on the global economy. And the sharp fall means there are some opportunities for investors. So what's going on with ... ››› more
  • [27 November 2014]
  • Consumer inflation remains unchanged at 5.9%
  • Earlier today, Stats SA released its consumer inflation data for October. The consumer price index (CPI) showed that inflation remained unchanged from September to October. Let's take a closer look… Consumer inflation reflected economists’ forecasts As economists had forecast, consumer inflation came in “at 5.9% year-on-year in October,” reports Fin24. This is the same as CP... ››› more
  • [19 November 2014]
  • Oil plummets to $77 a barrel on the back of poor Chinese data
  • Since June, the price of Brent crude oil has been on a slippery slope south. Yesterday, a barrel slid to $77. And looking to the futures market, it looks like the price of oil is going to continue to fall. So what's causing the oil price to drop so much? And what does it mean for you? Let's take a closer look… The oil price is trading at a four-year low Yesterday, the oil price... ››› more
  • [14 November 2014]
  • The oil price plunges to $85 a barrel on the back of the IEA's monthly report
  • Last night, the oil price continued its hefty fall. Yesterday, the International Energy Agency (IEA) said it forecast robust supply and it cut its growth forecast for next year. Over the last few months, the oil price has dropped over 20%. Let's take a closer look at what's going on… The oil price continues its tumble on poor demand and plentiful supply The price of Brent crude... ››› more
  • [15 October 2014]
  • The oil price falls below $88 a barrel as supply outweighs demand
  • Yet again, the oil price is falling. Earlier today, the price of Brent crude oil fell below $88 a barrel. With an ample supply of oil and concerns over global economic growth, the oil price continues to ebb under pressure. Let's take a closer look at what's going on… The oil price is down over 20% in less than four months Since June when Brent crude hit its high of the year, the p... ››› more
  • [14 October 2014]
  • Three reasons behind the slide in the oil price
  • Over the last few months, the price of crude oil has continued to ebb. It's now just sitting at over $97 a barrel. But is the price of oil expected to fall further? And what is leading to this fall in the crude oil price? Let's take a closer look… Is the price of crude oil going to continue to fall? The price of crude oil has been trending lower since mid-June. Have a look at th... ››› more
  • [26 September 2014]
  • What the "Middle East Effect" means for oil prices and for you
  • You might have notice you're paying more for petrol now than you were a few months ago? Well the good news is the price of oil is falling again. We're finally looking down at $100 per barrel of oil, from much higher prices. With history as our guide, there's a clear indication that this downtrend for oil prices isn't over, either. Today we'll get into an oily discussion and I'll tell y... ››› more
  • [07 November 2013]


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