Sasol's recent production update reveals challenges from a stronger rand, oil price volatility, and lower refining margins, leading to reduced fuel sales and a 1% drop in saleable mining production. Despite a 9% decline in South African chemical sales revenue, gas production in Mozambique increased. Analysts remain optimistic, with a buy rating and a long-term price target of 22650c, although the share price has broken support, prompting concerns among range traders.