Sasol expects a significant rise in earnings for the year to June, pushed by higher production, stronger oil prices and an improvement in refining margins. The price of oil increased to about $76 per barrel on Wednesday after oil prices had fallen for two days in a row before rising again. Even though there has been a recorded increase, it remained cheaper than it had been during the recent price spike. Headline earnings per share (HEPS) is expected to increase by 2% to 14% to between R36 and R40 from R25.13. Sales volumes increased by 4%, supported by improved production, while the average Brent crude oil price rose by 7%.