brent crudelatest news & developments
Brent crude has fallen from recent highs, but South Africa’s October fuel prices are largely determined by earlier oil-price and rand movements, limiting the impact of the latest decline.
FUEL PRICE HIKES

Brent crude retreats, but October fuel prices could still jump

Oil is falling – so why could South Africans still face a big fuel-price hike in October?

  • Ashley Lechman
4 min read
Brent crude rose above $105 a barrel as attacks on shipping and renewed Middle East hostilities heightened fears of supply disruptions, with possible consequences for South African fuel prices.
CRUDE

Brent crude rises above $105 as Middle East shipping attacks intensify

Brent crude rose above $105 a barrel as attacks on shipping and renewed Middle East hostilities heightened fears of supply disruptions.

  • Ashley Lechman
4 min read
South Africa’s latest economic data delivered mixed signals, with manufacturing confidence weakening while tourism and new vehicle sales improved. The rand remained relatively stable despite higher oil prices and global inflation concerns.
PMI

Sunday review: Rand holds firm as SA data paints mixed picture of economy

South Africa’s latest economic data delivered mixed signals, with manufacturing confidence weakening while tourism and new vehicle sales improved.

  • Ashley Lechman
  • Yogashen Pillay
5 min read