1. If the oil price rises, it will directly benefit the petrochemical sector in the stock, because they are at the most upstream of the production chain. It can be said that the oil production directly determines the prices of various industrial oils in real life. Secondly, rising oil prices will also benefit other new energy products.

2. If the oil price falls, it will have little impact on A shares, mainly affecting oil-producing exporting countries such as Russia and the United States in the Middle East. Too cheap oil prices will drag down economic development.

Tips: The above contents are for reference only.

Reply time: 202 1-07-09. Please refer to the latest business changes announced by Ping An Bank in official website.

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