London — Oil eased after hitting a two-year peak on Monday, pressured by the prospect of higher Iranian exports though recovering demand and Opec+ supply curbs provided underlying support.
Brent crude fell 35c or 0.5%, to $71.54 a barrel by 10.10am, after earlier hitting $72.27, the highest since May 2019. US West Texas Intermediate touched $70 for the first time since October 2018 but reversed course to trade at $69.22, down 40c or 0.6%. Crude has risen for the past two weeks, and Brent is up by over 37% this year, helped by supply curbs by Opec and allies and demand recovering partly from the pandemic-induced collapse.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Oil retreats after hitting highs before Iran nuclear talksBrent crude futures for August and US West Texas Intermediate crude for July retreat
Source: BDliveSA - 🏆 12. / 63 Read more »
Joburg mother who tested positive for Covid-19 in legal battle for custody of her sonA Johannesburg mother is fighting the legal battle of her life after her two-year-old son was taken from her because she tested positive for Covid-19. SaturdayStar NormanCloete1 SaturdayStar NormanCloete1 I owe you an apology to ever doubt your sincerity and professionalism. It’s was just like a dream to me when I received my first payment. After my second payment it became a reality now after several payments it has become a way of life. Jonas_claw_ SaturdayStar NormanCloete1 🥺
Source: IOL - 🏆 46. / 51 Read more »
Somaliland opposition win majority in first parliamentary vote since 2005Two opposition parties in Somalia's breakaway Somaliland region won a majority of seats in the region's first parliamentary election in 16 years, the National Electoral Commission said on Sunday.
Source: SowetanLIVE - 🏆 13. / 63 Read more »
Somaliland opposition win majority in first parliamentary vote since 2005Two opposition parties in Somalia's breakaway Somaliland region won a majority of seats in the region's first parliamentary election in 16 years, the National Electoral Commission said on Sunday. The life we are today or the stages we are living today are the results of the actions we took yesterday and today's actions will set your future free if you interested Dm robert_btc1 Cool. Time for change.
Source: TimesLIVE - 🏆 28. / 59 Read more »
Patrick Cantlay beats Colin Morikawa in playoff to win PGA Memorial.patrick_cantlay sank a clutch par putt on the first playoff hole Sunday to defeat collin_morikawa and win the USPGA Memorial tournament for the second time in three years IOLsport patrick_cantlay collin_morikawa sport I don't need ruler or leadership God has sent his helper to location me larry__William you teach me how make money without stress but applying wisdom to me you bring out the best in me I'm thank to you larry__William for helping me make my family proud of me
Source: IOL - 🏆 46. / 51 Read more »
Anastasia Pavlyuchenkova rolls back the years in Paris to reach last eightRussian Anastasia Pavlyuchenkova rolled back the years as she reached the quarter-finals of the French Open for the first time since 2011 by beating former world number one Victoria Azarenka 5-7 6-3 6-2 on Sunday.
Source: SowetanLIVE - 🏆 13. / 63 Read more »