David Saunders, co-founding managing director, K2 Advisors
From a markets perspective, the reduction in the oil price certainly benefits all things transportation and heating-related. In the US there has been a lot of discussion around the percentage that fuel comprises of individuals’ annual expenses, since energy costs are 10–20% of living costs, depending on where you live.
A reduction in the oil price, at the pump or for home heating oil, leaves real excess cash in the pockets of consumers. R
The week on Risk.net, July 14–20, 2017Receive this by email