Why cheap oil isn't good news

It's been a volatile year for the oil industry. Brent crude prices have swung from a 12-year low of US$28 per barrel to a high of US$41.58. While lower prices are seen as a boon for the global economy, the benefits are yet to come to fruition. Chris Bredenhann, partner at PwC and Christie Viljoen, economist at KPMG, share insights on the oil industry. finweek Money Matters is a weekly programme aired every Friday 13:00 CAT on CNBC Africa (DSTV Channel 410). The programme focuses on trends, investment analysis and economic debates.


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