Which stocks are good for rising oil prices?

With the gradual establishment and improvement of strategic oil reserves and people's livelihood reserves, the growth trend of oil consumption demand is inevitable. In this context, which stocks have benefited from the rise in oil prices? From multiple angles, we can draw the following conclusions:

1. Oil and gas stocks

The rise in oil prices is of great benefit to the upstream and downstream enterprises in the oil and gas industry. Because oil and gas enterprises mainly rely on oil and gas sales to obtain income, the rise in oil prices will drive enterprises to increase their income. In the oil and gas sector, it mainly includes oil, natural gas, shale gas and other fields, such as PetroChina, Sinopec, China Oil and Gas, China Offshore Oil and Shaanxi Coal Chemical.

2. Aviation Unit

The aerospace sector has also benefited from rising oil prices. Because fuel accounts for a higher proportion of the cost of this industry than other industries, the aerospace industry is more sensitive to oil price fluctuations than the general industry. With the increase of oil price, the operating cost of aerospace enterprises will increase, but at the same time, the ticket price will also increase accordingly, so the income will offset some of the increase in costs.

3. Chemical stocks

Petroleum is widely used in chemical industry, and the upstream costs of chemical enterprises mainly include raw materials and energy. When oil prices rise, the terminal prices of chemical products will also rise, and profits will also increase.

4. Comprehensive inventory

In addition to the above three sectors, some enterprises in the comprehensive sector will also benefit from the rise in oil prices because they involve direct or indirect physical goods. For example, coal, nonferrous metals, steel and other industries, because their production needs a lot of energy, and do not use a lot of alternative energy for the time being, still rely on oil, so they will also achieve profit growth with the price increase of oil.

Generally speaking, rising oil prices will have a positive impact on oil and gas, aerospace, chemical industry, comprehensive and other sectors. However, in the process of investment, investors need to pay attention to market risks, control the choice of investment targets, and make long-term investment plans in order to gain benefits in the stock market.