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Sasol’s Coal-Based Fuel Boosts Profit as War Drives Oil Price
Source: Bloomberg
Energy Markets & PricesCommodities & Raw MaterialsCompany Fundamentals
Sasol reported profit up 17%, benefiting from a surge in oil prices tied to the Iran war. As coal-to-fuels and chemicals demand strengthens with higher crude, the company’s earnings appear supported near-term by commodity-driven pricing.
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