We see the first signs of the negative newsflows being included in the price

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Meryl Pick discusses the news around OPEC+ and the impact on oil production and price. Although their trading update was flat, the Pick and Pay share price is up, signaling the first sign that negative newsflows are included in the price. And as a long-term investor one must take cognisance of this. 

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Chapters
  • 00:22 What drove sections of the market today, and the news out of Opec+
  • 02:08 How the sands are shifting geopolitically, which will play out in the oil price
  • 03:25 The trading update from Pick n Pay
4 Apr 2023 English South Africa Business

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