Sasol (SSL) stock jumps after fuel-sales outlook lifted, but Mozambique gas warning hangs over
Sasol’s U.S. shares jumped 13% to $7.13 after the company raised its FY26 fuel sales volume forecast to 5–10% above FY25 levels, up from flat to 3%. Sasol cut its gas production outlook and reported weaker global chemical markets, but confirmed steady Natref refinery output despite its partner entering business rescue. The company also named Rhidwaan Gasant as an independent director, effective Feb. 1.