oil above 100 and if this pric

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moliya
09-11 13:55

oil above 100 and if this price remains above 100 then energy sector is affect lot because their profit margin shrink.. they have very narrow margin.comaniesblkke Exxon, shell,BP,Chevron, marathon oil all affected where as upstream companies like drilling companies,drilling supporters are benefited most.
if oil price go up transport cost go up sk all the goods become expensive which leads to inflation to go up... so everything goes up, then people do not have enough to spend ....

# 🎁 Write & Win | $100 Oil: Who Wins, Who Loses?

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