Sasol, which rose 1.43% to R424.50 on Monday, may rise further on Tuesday as a result of the Brent crude oil price rising 1% to more than $65 a barrel for the first time in nearly three years.The price of Brent crude oil rose due to supply disruptions while cracks in a North Sea pipeline are repaired.The price of West Texas Intermediate (WTI) oil rose 0.43% to $58 a barrel on Tuesday morning. WTI is tradable on the JSE via an exchange-traded note managed by Standard Bank, SBAOIL, which rose 1.74% to R10.55 on Friday, but only gained 1c to R10.56 on Monday.Rising oil prices helped BHP gain 1.73% to A$27.67 in Sydney ahead of the JSE’s opening on Tuesday morning, buoying the S&P/ASX 200 index 0.2%. BHP rose 1.17% to R248.43 on the JSE on Monday.Labat Africa, the former owner of SA’s only silicon chip factory Sames, which now describes itself as a black economic empowerment transport and logistics group, said on December 8 that it expected to report on Tuesday that basic and headline e...
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