Fin24

Sasol falls as oil price falters

2012-05-07 10:00

Johannesburg - Shares of petrochemicals group Sasol [JSE:SOL] have fallen as oil and other riskier assets slumped after elections in Greece and France see incumbents defeated, raising fears the collective response to the eurozone debt crisis is fracturing.

At 07:25 GMT, Sasol down 1.81% to R352.50, underperforming the Top 40 - (Tradeable) [JSE:J200] index which sheds 1.12%.

US crude was down 1.5% at $97.04, while Brent was off 0.7% at $112.42.