As the war between the State of Israel and the Islamic Republic of Iran enters its tenth day, experts on global affairs have warned that further escalation of the conflict has the potential of disrupting trade routes, affect oil prices and disturb world peace as more alliances are beginning to manifest with a threat of…
You spot the perfect pair of sneakers online – your size, on sale, calling your name. You check your budget, take a coffee break, come back… only to find the price has jumped by R200. Sound familiar? You might be dealing with dynamic pricing. What Is Dynamic Pricing? “Dynamic pricing is a common pricing strategy…
The price of crude oil, yesterday, dropped marginally to $73 per barrel from $74 per barrel in the international market as the Israel-Iran conflict tension eases. The tension eased following Iran’s indication of interest to halt hostilities and resume negotiations over its nuclear program with Israel. Consequently, the price of Brent, usually used to benchmark…
The run-up in crude futures paused on Monday, with prices falling more than 4% on reports that Iran wants to end hostilities with Israel and resume nuclear talks. U.S. crude oil was down $1.93, or 2.64%, to $71.05 per barrel by 11:51 a.m. E T., while global benchmark Brent fell $1.99, or 2.68%, to $72.24….
