Companies That Can Benefit From Lower Crude Oil Prices...
When crude oil prices fall, companies that use petroleum-based raw materials or spend heavily on fuel and logistics can see some relief in costs. A few listed companies worth tracking: • Asian Paints – Raw material costs • Berger Paints – Raw material costs • Indigo – Aviation fuel • InterGlobe Aviation (IndiGo) – Aviation fuel • Deepak Nitrite – Petrochemical feedstock • Supreme Industries – PVC resin-linked inputs • Astral – Polymer-based raw materials • Relaxo Footwear – Rubber & petroleum-based inputs A lower crude price doesn't automatically mean higher profits. It depends on how much of the cost savings a company can retain instead of passing them on to customers.
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