Sasol’s share price plunges nearly 25% as oil price plummets
Oil prices are under pressure as weakening demand puts a premium on storage space
21 April 2020 - 10:31
Embattled chemicals group Sasol’s share price fell by almost a quarter on Tuesday morning, with global energy stocks under pressure from volatility in the oil price.
Sasol’s losses on Tuesday morning brought its year to date loss to 85.83%, with the group on track for its worst daily performance in more than a month...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.