Black Sea storm and lower US stocks push oil prices up
Both benchmarks gained about 2% on Tuesday as the market anticipated Opec+ would deepen supply cuts
Source: businesslive.co.za
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Oil breaches $80 a barrel on expectation Opec will cut output
The market fell last week when Opec+ postponed a ministerial meeting to iron out differences in production targets for African producers
Source: businesslive.co.za
Oil drops after soaring 3% on Friday
‘The weekend playout signals no further expansion into a wider regional war, which caused a retreat in oil prices‘
Source: businesslive.co.za
Oil falls as sharp eye is kept on Middle East conflict
Potential rising oil prices would push global inflation higher and monetary tightening could resume, PVM says
Source: businesslive.co.za