Nene's budget may be a touch too conservative, says Jaco Leuvennink.
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Oil has bounced back in Asia on bargain-hunting after tumbling in the previous session over a further surge in US crude reserves, adding to the global supply glut.
Oil prices have fallen in Asia but losses were curtailed as dealers focused on positive elements of a mixed US energy stockpiles report,according to analysts.
Oil has edged higher in Asia ahead of a key report expected to show further build-up in US crude inventories, further hitting prices in an oversupplied market.
Oil prices have fallen, extending last week's slide as US crude supplies linger at historic levels.
Oil prices have slid, extending last week's sharp decline as the dollar strengthens on eurozone strains.
Oil has rebounded in Asia as speculators hunted for bargains following a sharp decline last week, but analysts said prices remain weighed by an oversupply.
Uber joins the ranks of companies hit by data breaches, saying a hacker may have gained access to the license numbers of some 50 000 of its drivers.
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