Black gold: where does SA stand with oil at the moment?

The possibility of fuel reaching R40 a litre as Russia’s invasion of Ukraine wreaks havoc on global oil supplies is the focus in this edition of the Business Day Spotlight.

Our host Mudiwa Gavaza is joined by Koketso Mano, an economist at FNB.

Topics of discussion include: factors currently affecting global oil prices, as well as local fuel rates; impact of higher oil prices on the global economy; the effects of the Russia-Ukraine war on emerging market sentiment; and thoughts around SA’s latest round of load shedding and rolling blackouts.