4 Sectors Will Take A Massive Hit As Oil Surges. Should You Stay Away From Them?

The rise is crude oil prices has increased input costs for a wide range of sectors.

Earlier this month, we wrote to you about the stocks that will benefit as crude oil prices rise.

In this article, we discuss the extremely volatile nature of oil prices and how investors should be careful before investing is any stock that is related, directly or indirectly, to the oil & gas industry.

Stocks from different sectors are facing a lot of stress due to commodity price inflation. The rise is oil prices has increased input costs for a wide range of sectors.

Following the start of Russia's invasion of Ukraine, the price of petroleum, natural gas, metals, and agricultural goods skyrocketed.