facebookHow will oil price affect stock price? - Seedly

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          Anonymous

          19 Jan 2020

          Stocks

          How will oil price affect stock price?

          5

              Discussion (5)

              What are your thoughts?

              Mainly will affect O&G production, pipelines, service-related companies in the short-term

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                  Billy Ko

                  Billy Ko

                  19 Jan 2020

                  Level 11·Financial Analyst at REPE Firm

                  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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