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Economy

What $100 oil means for your investment portfolio

Updated : May 22, 2018 02:15 PM IST

Oil has wide implications for a wide range of sectors: transportation is a clear hit because travel by cabs, airplanes, rail will get costlier and freight rates will increase.
Financial sector players could also be impacted if consumer confidence suffers owing to rising inflation and any uptick in interest rates.
What $100 oil means for your investment portfolio
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