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A service for global professionals · Saturday, May 17, 2025 · 813,482,388 Articles · 3+ Million Readers
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South Africa OPEC Newswire

  • Published on May 16, 2025

    Weekly economic wrap: Rand strengthens, gold on back foot

    Economic indicators also painted a bleak picture for jobs and mining production, with the unemployment rate rising to 32.9%. While economic indicators did not bring good news about jobs and mining production this week, the rand strengthened, although gold …

    Source: The Citizen (South Africa) - Center-right
  • Published on May 14, 2025

    Fuel price decrease still possible for June, despite recent uptick in oil prices

    International oil prices have stabilised following a surge early this week, however modest fuel price reductions are still looking likely for June. The latest data from the Central Energy Fund is pointing to possible price cuts of around 40 cents for …

    Source: IOL - Indeterminate
  • Published on May 16, 2025

    Stocks and bonds rise on mixed US data - Newsquawk US Market Wrap

    SNAPSHOT: Equities up, Treasuries up, Crude down, Dollar down REAR VIEW: US PPI comes in soft; Mixed US Retail Sales; Initial claims little changed; US Industrial Production misses expectations; Trump says Iran deal is getting close while India has offered …

    Source: Zero Hedge - Right-wing
  • Published on May 14, 2025

    Fuel price drop ahead – But don’t get too excited yet

    Cape Town – South African motorists could see modest fuel price reductions in June, according to the latest data from the Central Energy Fund. The data indicates a potential decrease of around 40 cents per litre for petrol and 75 cents for diesel. However, …

    Source: African Insider - Pending
  • Published on May 13, 2025

    Experts remain divided on potential interest rate cut as consumer inflation falls to 2. 7%

    As South African households continue to grapple with relentless financial pressure, the upcoming Monetary Policy Committee (MPC) meeting has sparked intense debate on whether the South African Reserve Bank (Sarb) will implement an interest rate cut. With …

    Source: IOL - Indeterminate
  • Published on May 13, 2025

    Commodity Traders are the Market Makers of a New Era

    As geopolitical instability, sanctions, and supply chain shocks become commonplace, physical commodity traders have emerged as indispensable agents to maintain the flow of energy, food, and raw materials. By leveraging political and commercial networks, as …

    Source: Oil Price - Neutral

  • Grocery bills set to shrink in Q3

    Consumers in Botswana can breathe a sigh of relief as forecasts point to a potential easing of food prices in the third quarter of 2025. The Bank of Botswana (BoB), in its latest Monetary Policy Report, suggests that increased food supplies from commercial …

    Source: Weekend Post-Insightful - Pending
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