Market Review and Trends
How oil prices affect us
By SimplyJesMe  •  January 21, 2016
The oil and gas industry has always been enjoying a high level of prestige. When anyone mentioned that they are working in that sector, straightaway people will know that it comes with at least 3 months bonus. At their peak, some oil companies here give out 8 months bonus which is common knowledge in the market. Now, I heard the standard is only 3 months bonus. To the consumers, hooray to the falling oil prices! A drop in oil price means some savings in terms of fuel for drivers, for electricity and other resources. There will also be lesser cost for importers and exporters due to lower fuel prices used for ships. Of course, manufacturers will get to save more due to transportation and hopefully, it will translate to savings for the end customers like us. It left me thinking about why the falling oil prices is causing the market breakdown currently. In macroscopic views, it is affecting the ......
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By SimplyJesMe
I am Jes, a co-founder of SnackFirst, which serves happiness in the form of tasty snacks with free delivery. My adventures on starting this business is all under #SnackFirst. I used to #Travel overseas for work frequently but this made me so tired of the corporate world #SimplySalesTalk. So I left my $100,000 job to start my business venture. I still love to plan my own travels and if possible, drive and explore on my own even in foreign countries #YOLO!
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