Oil above $100 won't climb forever.
demand destruction kicks in eventually, growth slows. Supply shocks could push it higher, but expect a bumpy ride, not a straight rally.
Winners: low cost energy producers with solid balance sheets, plus oilfield services and pipelines as spending ramps up.
Losers: airlines, transport, fuel heavy businesses. Consumer discretionary takes a hit too, manufacturers feel margin pressure.
I wouldn't chase oil after a rally though. I'd rather own businesses that benefit without depending on it.
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