DStv Channel 403 Saturday, 14 December 2024

Brent crude oil drops below 70 dollars a barrel

JOHANNESBURG - Prices for brent crude oil that South Africa imports for fuel have dropped below 70 dollars per barrel for the first time in 2.5 years.

READ: Gold hits record high as global markets rise

Good news for South African motorists but lower prices often accompany concern about the global economy.

David Shapiro from Sasfin discussed this with eNCA. 

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