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3 Energy Stocks powering up the economic recovery
By SmallCapAsia  •  October 14, 2021
There has been a dearth of energy across major countries across the world. China, India, UK, and some countries in Europe are facing major energy shortage. This is driven mostly by logistical problems on the upstream energy producing commodities – Thermal Coals, Oil and Natural Gases. Energy which is needed in our everyday lives, and also across heavy industries have driven up the demand for these commodities. Oil prices have went back up to $80, while Natural gases have increased 5 fold across the year. Producers of these commodities are having bonanza of a year. Back in SGX, there are also companies listed that are enjoying this ride up. We have identified 3 energy production companies that are powering up the economic recovery. Energy Stock#1 – Geo Energy Resources Geo Energy has four mining concessions located in South and East Kalimantan. Currently, Geo is actively operating two mines:...
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By SmallCapAsia
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