BNB$717.91-0.20%BRENT$102.01+0.79%BTC$77,994+0.03%COPPER$6.5-4.48%DJI$52,381-0.77%DOGE$0.0853+0.01%DXY98.93+0.11%ETH$2,467-0.06%GOLD$4,385-0.29%NDX$29,422-0.29%SILVER$65.78-2.22%SOL$101.26+0.18%SPX$7,636-0.48%US10Y4.84+0.65%VIX16.69+6.17%BNB$717.91-0.20%BRENT$102.01+0.79%BTC$77,994+0.03%COPPER$6.5-4.48%DJI$52,381-0.77%DOGE$0.0853+0.01%DXY98.93+0.11%ETH$2,467-0.06%GOLD$4,385-0.29%NDX$29,422-0.29%SILVER$65.78-2.22%SOL$101.26+0.18%SPX$7,636-0.48%US10Y4.84+0.65%VIX16.69+6.17%
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Sasol Reports 17% Profit Increase Amid Rising Oil Prices

Key takeaways

  • Sasol's profits rose 17% as the company capitalized on higher oil prices driven by the ongoing conflict in Iran, enhancing its coal-based fuel production.

Analysis

Sasol's profits rose 17% as the company capitalized on higher oil prices driven by the ongoing conflict in Iran, enhancing its coal-based fuel production.

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