• 'Gordhan is trapped'

    Had Finance Minister Pravin Gordhan raised VAT, he would probably have been fired.

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    Gordhan’s budget was disappointing and even a bit depressing, says Jaco Leuvennink.

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Oil slips from 19-month high

Feb 24 2017 15:18

Oil has retreated from the highest closing level since July 2015 as markets remained adequately supplied even as OPEC’s output cuts began to take effect in the US.


Weak oil shares pressure US stocks, Dow hits record

Feb 23 2017 07:52

Petroleum-linked shares have fallen on lower oil prices, pressuring US stocks, as the Federal Reserve minutes showed officials expect to hike interest rates "fairly soon."

GOLD Last updated: 24-02-2017 10:35 Return YTD 1258,008.75(0.70%)
OIL Last updated: 24-02-2017 10:35 Return YTD 56,040.41(0.73%)
PLATINUM Last updated: 24-02-2017 10:35 Return YTD 1027,0019.00(1.88%)
SILVER Last updated: 24-02-2017 10:35 Return YTD 18,340.22(1.21%)

Oil rides best rally in 2 months

Feb 22 2017 10:05

Oil has extended gains in its longest rally since the end of December on increasing confidence that OPEC’s supply curbs will outweigh a gain in US crude stockpiles.


Opec wins investors back as cuts prompt record bets on oil

Feb 20 2017 08:57

The members of the Organisation of Petroleum Exporting Countries have never taken supply cuts so seriously, and hedge funds are loving it.

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