facebookHow will oil price affect stock price? - Seedly

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Anonymous

19 Jan 2020

Stocks

How will oil price affect stock price?

Discussion (5)

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

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.

No doubt oil is a factor of production for most companies, and therefore the movement of oil prices ...

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