Markets: Australia's oil spike advantage

Investors in Australian coal, gas and uranium stocks could be the winners as the oil price drags energy commodities north.

Sustained higher oil prices are often associated with strangling economic growth, but our energy-rich country means this will be mitigated.

From an investment perspective, higher energy commodity prices historically result in higher stock prices for those companies leveraged to this. On the downside, it will toughen the cost of everyday living.


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