icon phone icon search icon facebook icon twitter icon instagram icon linkedin icon tiktok icon weather
on air now
NOW PLAYING
Kea Zawadi
Listen Live
up next
Up Next
Queenie Grootboom
on air now
NOW PLAYING
Kea Zawadi
Listen Live
up next
Up Next
Queenie Grootboom
 

Brent oil under 60 dollars for first time since mid-2009

01 Feb 2016 | Admin Author


The price of Brent crude oil slumped to a fresh five-year low on Tuesday, as weak Chinese manufacturing data stoked global demand concerns, with sentiment also plagued by over-supply.

In morning trade in London, the price of Brent North Sea crude for delivery in January sank to 59 dollars 63 a barrel, breaching the key level of 60 dollars for the first time since mid-2009.

Most Read

Demi Moore wins first ever award in remarkable career comeback
Demi Moore wins first ever award in remarkable career comeback

Demi Moore wins first ever award in remarkable career comeback
Hawks recover slain cop's gun
Hawks recover slain cop's gun

Hawks recover slain cop's gun
Residents call for justice for slain Bay policeman
Residents call for justice for slain Bay policeman

Residents call for justice for slain Bay policeman

Top Pick

ALGOA FM NEWS EXCLUSIVE
ALGOA FM NEWS EXCLUSIVE

ALGOA FM NEWS EXCLUSIVE

Journey to Justice, an exclusive podcast on the life of Vicki Terblanche, a slain Gqeberha mother.
Motoring with Naresh Maharaj
Motoring with Naresh Maharaj

Motoring with Naresh Maharaj

Dive into the expansive world of motoring with Naresh Maharaj.
The Nature Guy
The Nature Guy

The Nature Guy

Join Mark Marshall as he shares his extraordinary encounters with everything from bees to reptiles i