n Personal Finance Newsletter - Why oil prices matter beyond petrol : comment




A year ago a barrel of Brent Crude oil would have cost $107. Today it sells for just above $50 [the price of Brent Crude has since recovered to $60 per barrel as at the time of writing - Editor]. The recent oil price decline has allowed the inland petrol price to fall yet again to R10.09 per litre as of 4 February 2015 - a cumulative 28% drop from its level six months ago.


Article metrics loading...

This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error