Feb

20

 Who are the beneficiaries of lower crude prices (other than US drivers).

I own some global power generation utility funds and they seem to be benefiting from lower oil despite the global malaise meme.

Some of the downward pressure on futures would be coming from commercials who are hedging by selling at higher prices to insure the selling price of current production or stock.

After further research, the US Dollar, Thailand, Oil Tankers, Saudi's UAE are winners.

anonymous writes: 

Add India as well. 30% of their imports is oil. It has been a great profit generator with more upside potential. 


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