OIL PRICE SLUMP: BOON OR BANE? Catch Money Mind this Saturday - TopicsExpress

OIL PRICE SLUMP: BOON OR BANE? Catch Money Mind this Saturday 10.30pm for insights on how SGX companies are feeling the impact of plunging oil prices - plus the winners & losers. OCBC Research: The oil slump has mixed implications for the global economy and industry players. Global growth is expected to be lifted by 0.2 – 0.5%, while inflation is seen to fall by 0.4 – 0.7%. From an industrial standpoint, airliners and transportation companies are likely beneficiaries, while losers include rig builders and oil producers in general. From the economic standpoint, the divide between oil exporters and importers will determine the winners and losers.

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