QUOTE(omores @ Jun 1 2009, 04:18 PM)
Yep, as mentioned earlier, crude oils oso up so good to have O&G and plantation stocks now. Bad for manufacturing, airlines and retail. China oso had to hike up their fuel price. Gonna be tough sailing for their manufacturing which only recently started to pick up.
Still early to tell, if demand per unit or total consumption of oil is not increasing, those company doing infrastructure for O&G field might not benefitting from higher oil price. As existing oil field is enough to cater the demand, so lesser incentive to explore new field.
Opec is still cutting oil supply until now.
Recent oil price and commodities price rising because of USD sinking and expectation from market place aka people use the massive printed money to invest into commodities which lead to higher price, not the quantity of demand itself.
The buy force (at least until now) come from paper money, not actual consumption.