Newsletter

Typical stocks Refined oil stocks rise amid strikes by cargo unions when gasoline is out of stock

As the gasoline supply and demand environment becomes unstable due to the general strike of the Cargo Solidarity Headquarters of the Public Transport Workers Union of the National Confederation of Democratic Trade Unions (hereafter Cargo Solidarity), oil refinery stocks are showing strength on the 2nd.

At 9:08 am on the KOSDAQ market, the stock price of JoongAng Enervis gained 26,050, up 10.62% from the previous trading day.

Related companies such as Heungkoo Oil (5.68%), Kukdong Petrochemical (1.59%), and Daesung Industrial (1.26) are also rising together.

Amidst the ninth day of the cargo union strike, disruptions in gasoline supply are becoming apparent, with gas stations running out of stock.

In response, the government is known to operate an emergency supply and demand system, such as the emergency use of military tank trucks to supply gasoline and kerosene.

In addition, an additional starting order for tanker transport drivers (tank trucks) is also said to be under consideration.

/happy news