Sasol shares hit one-month high as oil surges
Crude rose up to 10% on Monday morning due to a weekend attack on oil facilities in Saudi Arabia, lifting the SA petrochemicals giant
16 September 2019 - 11:01
Sasol, whose share price has fallen a third in three months amid cost overruns at its Lake Charles project in the US, rose to a one-month high on Monday amid a surging oil price.
A weekend attack by drones on oil facilities in Saudi Arabia prompted the biggest intraday spike in oil prices yet, Bloomberg reports. Brent crude was up 10% to $66.52 a barrel on Monday morning...
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