Members of the Organization of the Petroleum Exporting Countries (Opec) on Wednesday committed to their first oil production cuts since 2008.
This sent the price of oil up by 8% to over $50 per barrel.
The Money Show’s Bruce Whitfield interviewed Gary Booysen, Director at Rand Swiss.
Listen to the interview in the audio below (and/or scroll down for quotes from it).
These cuts still don’t balance the oil market.— Gary Booysen, Director at Rand Swiss
Opec is almost folding.— Gary Booysen, Director at Rand Swiss
The US shale gas producers are surviving [at these low oil prices].— Gary Booysen, Director at Rand Swiss
There’s been enormous advances in shale, though some producers have gone out of business.— Gary Booysen, Director at Rand Swiss
The world has to wean itself off oil.— Gary Booysen, Director at Rand Swiss
We don’t see a return to $80 a barrel.— Gary Booysen, Director at Rand Swiss
This has lit a fire under Sasol.— Gary Booysen, Director at Rand Swiss
Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.
Branding and Advertising Expert Andy Rice raves about ads by KFC and Duracell. However, he slams an “appalling” ad by Netcare.
The Competition Commission, however, says Standard Bank is mistaken. Bruce Whitfield interviews Commissioner Thembinkosi Bonakele.
Bruce Whitfield interviews Busa CEO Tanya Cohen about the plan for transforming the economy into an inclusive one.
The Money Show’s Bruce Whitfield interviews labour analyst Terry Bell.
The Money Show’s Bruce Whitfield interviews Mol about his money beliefs, hopes and fears, successes and failures.
Johnny Copelyn discusses his book entitled “Maverick Insider: A Struggle for Union Independence in a Time of National Liberation”.
Wits associate professor of economics Christopher Malikane speaks to Azania Mosaka about the term that is being bandied about.
Spur says they are spreading some good news with their promo extension.
Monday (March 27) is your last chance to sink your teeth into the popular burger special which Spur will discontinue from April.
Personal finance guru Warren Ingram explains what money market accounts are and the difference between various ETFs.
The Gift of The Givers and the government are both working to secure his release.
WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...
Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?