Straits Trading Company and Golden Energy & Resources ride commodities boom

BILLION DOLLAR CLUB:

ENERGY – FOSSIL FUELS + CHEMICALS + HOLDING COMPANIES + MINERAL RESOURCES + UTILITIES 

The past year or so has seen a turn in fortunes for the global energy and commodities sector. While the market was bracing for a drop in demand because of the pandemic, the attendant supply chain disruption put a constraint on deliveries and prices were further raised when demand for oil, minerals and crops was maintained or even increased as economies recover from the worst of the pandemic. As such, many companies in this sector were able to deliver record earnings.

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