Market Watcher: Oil prices return to 16-week lows episode artwork

EPISODE · Jun 24, 2026 · 7 MIN

Market Watcher: Oil prices return to 16-week lows

from SAfm Market Update with Moneyweb · host Jimmy Moyaha

David Shapiro of Otto1890 discusses weaker gold and oil prices, with crude falling below $75 a barrel for the first time in 16 weeks. He says lower oil prices should support consumers and consumer stocks on the JSE, and expects the SA Reserve Bank to keep interest rates unchanged. SAfm Market Update - Podcasts and live stream

Episode metadata supplied by the publisher feed · Published Jun 24, 2026

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Market Watcher: Oil prices return to 16-week lows

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