🔒 Long-dated oil prices are too low for comfort
Long-dated oil future prices appear to be too low right now with more at stake than oil investments and wagers – fresh global inflation.
Brent Crude
Sasol posts strong financial results, reinstates dividend
Sasol delivered strong financial results, against the backdrop of increased volatility resulting from ongoing geopolitical tensions, extended COVID-19 lockdowns and global supply chain disruptions.
Petrol price deregulation – be aware of the pitfalls
Plans to deregulate the fuel price by imposing a price cap on 93 octane petrol could have major unintended consequences.
Oil price could go to $175 per barrel
Analysts’ forecasts differ wildly. Consensus is a long way off. Some forecast the oil price returning to the $80-90 level within a year.
Flash Briefing: Ramaphosa gives no comment on ANC second term; Brent crude price; SA water infrastructure
ANC president Cyril Ramaphosa has said that he will not comment on accepting nomination for a second term as leader of the ANC.
Your ESG mandate is my alpha – Piet Viljoen on his bullish energy thesisÂ
Counterpoint value fund manager Piet Viljoen shared his thesis on energy stocks, from which he’s been profiting handsomely in recent months.
Petrol price reprieve, but is it enough? – AA calls for a review before Q2
The petrol price, which climbed 50% in 2021, is set to start the year lower as all grades of petrol and diesel across the board are reduced.
Former Glencore trader pleads guilty to oil price manipulation
A former Glencore trader has pleaded guilty to oil price manipulation, which he says lead to substantial gains for the oil giant.
Expect some good news next month with R2/l drop expected in petrol price – Kevin Lings
The international oil price (Brent crude) plunged from around $53/bl at the start of March to $36/bl on 9 March and $29/bl on 16 March, a drop of 45%.
Oil price collapse could trigger industry restructure – Wood Mackenzie
As global markets reel in the wake of the oil price crash, Wood Mackenzie’s Tom Ellacott said: “The price collapse could be the trigger for a new phase of deep industry restructuring.”