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Frances · 2024年08月31日

crude oil cyclical?

NO.PZ2023040301000169

问题如下:

The industry growth style of the crude oil sector is best characterized as:

选项:

A.

cyclical mature

B.

defensive growth

C.

defensive mature

解释:

A is Correct because crude oil together with natural gas and freight transportation are examples of cyclical mature industries.

B is incorrect because biotechnology, software and gaming are examples of defensive growth industries, not crude oil which is a cyclical mature industry instead.

C is incorrect because utilities, beverages and pharmaceuticals are examples of defensive mature industries, not crude oil which is a cyclical mature industry instead

crude oil together with natural gas and freight transportation are examples of cyclical mature industries?

crude oil什么时候成了周期性行业了?和天然气一样应该是denfensive 啊,没了原油和天然气怎么活,和水电煤一样啊

1 个答案

王园圆_品职助教 · 2024年08月31日

同学你好,

defensive行业是防御性行业,也就是类似大米,盐,水,电这类的涉及基本生活必要的需求的公司才会属于这个行业,而原油,我们想到的最多的就是汽车的燃油还有航空燃油在,这类需求属于人们有钱了就多出去旅游,需求就更旺盛;没钱了就多呆在家里少出去少消费,这是非常周期性的性质

另外,如果同学关注金融类新闻,从大宗商品角度来看,就会看到一旦爆发战争了,经济衰退了,原油价格就要大涨了;一旦有什么黑天鹅事件了,原油价格也会大幅波动。。。。所以原油根本不像水电煤气等涉及基本生活的产品那样价格稳定,反而其价格和经济周期波动高度相关

最后,你看这是助教在网上随便搜索原油是周期性还是防御性的,得到的结果——所以原油是周期性行业这是一个世界共识