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Opinion

Which SA companies benefit from the lower oil price?

Andrew Newell, Head of Business Development, Cannon Asset Managers
April 6, 2015, midnight
418

Word count: 853

Since early Q3 2014 the oil price has halved from a then $90/barrel to less than $45/barrel and more recently, the price has drifted back to over $50 per barrel. Of course the world is trying to figure out what the impact will be on consumers and businesses, and what does this mean for South Africa?

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