The oil market is systematically rebalancing.— Kevin Lings, Stanlib Chief Economist
Oil prices hit their highest level so far this year, buoyed by a weak dollar.
Could this signal a turnaround?
Ray White interviewed Kevin Lings, Chief Economist at Stanlib Asset Management, on The Money Show.
Scroll down for quotes from the audio below.
The rand has done remarkably well since S&P left our rating unchanged.— Kevin Lings, Stanlib Chief Economist
We didn’t benefit when the oil price fell, because the rand weakened. The converse is now true.— Kevin Lings, Stanlib Chief Economist
If the oil price continues to rise it will draw more people back into fracking which will drive the price back down again.— Kevin Lings, Stanlib Chief Economist
I think oil prices at this level are better for the world economy.— Kevin Lings, Stanlib Chief Economist
Recommendedby NEWSROOM AI
Venezuela – once as rich as Norway – is suffering an apocalyptic collapse without precedent.
The Money Show’s Bruce Whitfield interviews Fairtree Capital Portfolio Manager Jean-Pierre Verster.
The Money Show’s Bruce Whitfield interviews Truworths CEO, Michael Mark.
The Money Show’s Bruce Whitfield interviews Lonmin CEO Ben Magara.
Bruce Whitfield asks Personal Financial Advisor Warren Ingram for advice on how investors can safely navigate this hectic time.
A school with individual learning paths for each child, and no need for textbooks? SPARK Schools CEO Stacey Brewer joins Bruce Whitfield.
In the car feature, our very own car guy Tumelo Maketekete shares some tips and tricks to buying a car on a R100 000 budget.
Tensions are rife in the East Joburg township as the community attacked and killed criminals.
Philemon Letwaba says Tshepo's case relates to some of the issues that they are dealing with on a daily basis.
The EFF lawyer stole the show during the state capture report court battle.