Actual | Chg | %Chg | ||
---|---|---|---|---|
82.8700 | 0.72% | |||
85.1700 | 0.37% |
Hi guys,
Brent OIl just crossed USD85 today 18th October 2021
Here are the Losers
1) Logistic companies like Air line, Buses, Transport for E-Commerce will face higher cost of operation
2) Those Plastic Companies will have higher cost feed stock from Oil
3) Heavy user of Electricity Manufactures will all see higher bills
4) All other Industries Using Oil as a Major part of operation will see higher cost
And The Winners
1) Oil & Gas Companies which produce Crude Oil
2) Solar Energy Company as Petronas expected to expedite new capex with new found higher income from Crude oil prices
3) Palm OIl Companies as Oil Prices Up the Incentive to Convert Palm Oil to Biodisel is now makes financial sense
Regards
Calvin Tan
Please buy/sell after doing your own due diligence
Please Take Note:
Petronas 2022 Activity has increased Green Energy Capex from 5% to 9%
So there is less Ooomph for OGSE now since Capital is now diverted to Renewable Energy
So don't over chase Ogse stocks
BEST STILL PALM OIL AS IT IS GOING INTO BULL RUN (PLUS THE PUSH FROM HIGH OIL PRICES WHICH WILL FURTHER BOOST BIODISEL USE)
Created by calvintaneng | May 02, 2024
Created by calvintaneng | Apr 29, 2024
Created by calvintaneng | Apr 27, 2024
Created by calvintaneng | Apr 06, 2024