Chart o’ the Day: Winners and Losers of the Thanksgiving Oil Crash

There are a lot more obvious losers than winners so far as oil extends its decline to more than 35% since June. Economists must now fathom whether the benefits to oil consumers end up outweighing the obvious negatives for American crude producers and marketers.

The Wall Street Journal shows us the winners and losers in the stock market just since Wednesday (OPEC met and punted on production cuts just afterwards):

oil crash losers

Source:

Energy Quakes as OPEC Stands Pat (Wall Street Journal)

 

Full Disclosure: Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities, please see my Terms & Conditions page for a full disclaimer.

What's been said:

Discussions found on the web