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Billy
19 Jan 2020
Development & Acquisitions Manager at Real Estate Private Equity
The immediate hits are the users of oil - Airlines is a major one given how they'd hedge oil prices. Nonetheless, it's beneficial to oil companies i.e. Keppel because they'd be able to command a higher price for the oil they rig.
But all in all, oil is more of a commodity, so its direct comparison would be that of Gold etc.
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No doubt oil is a factor of production for most companies, and therefore the movement of oil prices ...
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Mainly will affect O&G production, pipelines, service-related companies in the short-term