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smichas4
Sep 27, 2023 8:31 AM

Sasol uncorrelation with Oil  

Sasol Ltd.NYSE

Description

Sasol seems to have lost it's correlation with oil in recent months
Comments
Thinus5422
Thank you for interesting analysis. Higher crude oil prices and stronger USD and weaker rand will eventually benefit Sasol (offsetting bad management and bad investments in USA and Canada). Longterm crude oil prices around USD 140/BBL. Weaker rand over longer term added bonus. Could be a good time to invest in Sasol as longer-term investment.
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