News29 May 2026

Economic data news, 29 May 2026

5 items from 2 publishers.

Policy rates

Policy ratesSouth Africa

South Africa policy rate raised to 7.00%

The central bank policy rate for South Africa was raised to 7.00% on 29 May 2026, from 6.75%, a change of 25 basis points. Bank for International Settlements publishes this rate daily as part of its central bank policy rate dataset.

Energy

EnergyUnited States

Brent crude oil down 12.3% to $97.05 a barrel

Brent crude oil stood at $97.05 a barrel in the week to 29 May 2026, down 12.3% from $110.61 a barrel the week before. Published weekly by U.S. Energy Information Administration.

EnergyUnited States

WTI crude oil down 11.3% to $93.45 a barrel

WTI crude oil stood at $93.45 a barrel in the week to 29 May 2026, down 11.3% from $105.32 a barrel the week before. Published weekly by U.S. Energy Information Administration.

EnergyUnited States

US weekly petroleum report, week to 29 May 2026

The weekly petroleum status report covers: WTI crude oil $93.45 a barrel (down 11.3%); Brent crude oil $97.05 a barrel (down 12.3%); Cushing crude oil stocks 22,441 thousand barrels (down 2.5%); US commercial crude oil stocks 433,712 thousand barrels (down 1.8%); US gasoline stocks 214,955 thousand barrels (up 1.6%); US distillate stocks 102,301 thousand barrels (up 1.5%); US Strategic Petroleum Reserve stocks 357,119 thousand barrels (down 2.2%); US crude oil production 13,707 thousand barrels a day (down 0.1%); US refinery utilisation 94.70% (up 0.2%). Each figure is a weekly average or end-of-week level as published by the U.S. Energy Information Administration, with the change measured against the previous week.

Currencies

Currencies

Euro reference rate for the NZD moved 1.13%

The European Central Bank euro reference rate for EUR/NZD was 1.9491 on 29 May 2026, down 1.13% from 1.9713 at the previous fixing. These are once daily reference rates published by the ECB at around 16:00 CET. They are not tradable quotes and they are not intended for valuation or settlement.

Sources

  • Source: Bank for International Settlements (central bank policy rates).
  • Source: U.S. Energy Information Administration (EIA).