Tag: Crude oil and gas prices
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South African Coal Prices breach at 4-year Low
Continuous fall in global crude oil and gas prices is exerting pressure on South African coal. Currently, offers have plummeted at 4-year low. At present, oil prices have collapsed to below USD 45 per barrel for the 1st time in past 6 years. Prices have slumped by 60% compared to Jun’14 oil prices. Slipping oil…