Tag: crude oil
A compelling case for natural gas
When most people hear the word "gas", they're automatically inclined to think about the type of gas that pumps directly into their fuel tank. But petroleum gas is the most common gasoline fuel we encounter daily, it is only one "type" of gas.
What the global oil crisis means for Africa
Energy experts say the growing oil crisis across the globe is a wake-up call for the African continent to be become less dependent on foreign oil supplies. The cost of fuel has risen sharply, with Brent crude oil hitting a 14-year high in recent weeks. It remains firmly above $100 per barrel at the time of publication.
Investment considerations on recent fuel price increases
South African fuel prices increased again on 3 November and petrol price is now at 33.9% this year with the Automobile Association of South Africa (AA) warning that R20 per litre could still be on the cards for by year end. The main reason for the pressure on local fuel prices has been a sharp increase in the brent crude oil price over the past few months.
Economic strain – are markets corona proof?
Global equities rallied close to 40% from March lows to post one of the strongest quarters in a decade. The rally was led by the United States (US), perversely the country with the most COVID-19 cases globally, with healthcare and tech stocks up a combined 23%.
