Sasol sees low oil prices persisting to 2017, but expects strong upswing by decade’s end

Sasol sees low oil prices persisting to 2017, but expects strong upswing by decade’s end

Energy and chemicals group Sasol reported a 17% fall in headline earnings to R49.76/share in the year to June 30, 2015, with a strong operational performance offset by a sharp weakening in market conditions, including a year-on-year oil price decline of 33%. Outgoing President and CEO David Constable indicated that the group expected oil prices […]

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