Crude Oil

Oil Prices Slide: South Africa Braces for Economic Impact

Oil Prices Slide: South Africa Braces for Economic Impact

Rising Open Interest & Volume: Crude oil futures market data revealed that traders increased their open interest positions for three…

2023-10-31

Crude Oil Stabilizes: What It Means for South Africa’s Wallet

Crude oil open interest increased, but trading volume decreased. West Texas Intermediate (WTI) crude's price rebounded, but bullish momentum is…

2023-10-30

Oil Market Shifts: South Africa Braces for Economic Impact

Open interest in crude oil futures rose by 11K contracts, indicating potential market movement, while trading volume decreased by 184K…

2023-10-27

Crude Oil Shifts: What It Means for South African Wallets

Trends in Crude Oil Futures Markets: Open interest in crude oil futures markets reduced for five consecutive sessions, while the…

2023-10-19

South Africa Eyes Oil Prices as Global Peaks Loom

Recent data from CME Group suggests a potential stagnation in crude oil futures, with WTI prices approaching a peak of…

2023-10-18

South Africa Eyes Stability as Global Oil Momentum Slows

Crude oil futures markets experience a decline in interest, with the West Texas Intermediate (WTI) prices briefly peaking beyond $88.00…

2023-10-17

Crude Oil Prices Drop: What It Means for South Africa

Crude Oil Futures Trend: Data from CME Group suggests that despite an increase in open interest for crude oil futures,…

2023-10-11

SA Monitors WTI Crude Slide: Rand-Adjusted Prices Signal Shifts

The West Texas Intermediary (WTI) Crude Oil prices experienced a 2% drop, stabilizing at ZAR 1,594.70 ($81.88), as South African…

2023-10-06

Crude Oil Fluctuations: South Africa Eyes Potential Energy Rebound

Crude oil futures markets have witnessed a decline in both open interest and volume for two consecutive sessions, as per…

2023-10-02

South Africa’s Energy Landscape Eyes Global Crude Oil Dynamics

The fluctuating global crude oil prices have direct implications for South African consumers and industries, potentially affecting fuel costs and…

2023-09-26