Hang onto your Sasol @jaDEB. May looks like being another rough month for global markets but after that the recovery should be on firmer footing. Structurally, Brent and LNG and other products that Sasol deals in can't go negative, unlike WTI. Sasol might take some more pain in the short term as people seem to treat it as a proxy for the oil price - not sure why such a simplistic approach is taken. I reckon they've hedged their FX exposure quite nicely and they import a lot of spot crude, so they should do quite well on their forward refining margins for the next few months.
