According to historical records, if the Brent crude oil price is high, all metal commodity prices will be high too. A high Brent crude oil price will benefit all steel stocks.
Metal commodity price follows the same trend as the Brent crude oil price trend.
oil and coal price spike will lead the broader commodities market higher including CPO and metals. The supply chain hiccup, tight energy supply, tight labor problem , China's decarbonising, wild weather, pandemic lockdown, lack of new downstream investment (particularly in O&G and cpo sectors), etc ,will continue to benefit the commodities in 2022.
If you so confidence what you invested, no need to good every forum keep on asking people sell other stocks to support what you invested.
Behave like scammer, always sweet talk how good what you invested, how profit can make what you invested.
We already knew you for the past 1 year, behave same matter to con everywhere, very soon we will hear this liar say, "oh, I already sold this palm oil stock to swift to other more profit can make"
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
gladiator
675 posts
Posted by gladiator > 2022-01-18 16:41 | Report Abuse
BRENT CRUDE OIL NOW USD87.56?? I was lucky to not just hold palm oil shares but also diversify into steel and oil & gas counters.