Sasol shares briefly rally on stronger oil price before paring gains
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Sasol shares gained as much as 14% on Wednesday as the price of Brent Crude oil rose above $40 a barrel for the first time in nearly three months, before pairing gains to trade up 1.5% in the early aftrenoon. After coming under pressure from the combined effects of weaker oil prices and the global impact of Covid-19, shares in the petrochemical firm peaked at R133.83 in mid-morning trade, the…
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