$111 OIL: Why Every Jamaican Should Be Worried

About this episode

Matthew Preston and Thaon Simms discuss the implications of rising oil prices on the Jamaican economy and stock market.

Brent crude just hit $111 a barrel and Jamaica's $4.50 weekly fuel cap is about to shatter. Matthew Preston and Thaon Simms break down how the Strait of Hormuz closure and the $11.8 billion Petrojam crisis are quietly crushing JSE stocks across manufacturing, banking, and energy. From Wisynco's diesel fleet to NCB's bond portfolio to Grace Kennedy's 9% price hike landing May 1, every Jamaican investor needs to know which companies survive this and which ones bleed. Your portfolio's exposure r...

People in this episode

Hosts: Matthew Preston, Thaon Simms

Topics covered

• oil prices
• Jamaican economy
• investing
• fuel crisis
• stock market
• energy sector

Keywords

• Brent crude
• fuel cap
• Jamaican investors
• stock exposure
• Petrojam
• manufacturing
• banking
• energy

Mentioned in this episode

Organizations: JSE, Wisynco, NCB, Grace Kennedy

Places: Strait of Hormuz, Jamaica

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