CITIC Securities: Optimistic on Industries Benefiting from Long-Term High Oil Prices, Such as New Energy and Energy Storage

GateUser-bd883c58 · 2026-03-23T00:21:41+00:00

CITIC Securities research report points out that global high oil prices will drive growth in the new energy and energy storage industries, while having a negative impact on high-valuation and high-energy-consumption sectors. The report is bullish on coal-to-chemicals, new energy, and nuclear power sectors that benefit from high oil prices.

GateUser-bd883c58

2026-03-23 00:21:41

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Ask AI · How do high oil prices catalyze growth in the new energy and energy storage industries?

【CITIC Securities: Optimistic about industries benefiting from long-term high oil prices, such as new energy and energy storage】Financial Associated Press, March 23 — CITIC Securities research report suggests that amid significant increases in global energy prices and suppressed consumption, sectors that may be notably harmed include high-valuation sectors, high-energy-consuming (oil-consuming) industries, and demand-restricted cost-increasing industries. The report highlights three promising areas: 1. Industries benefiting from the closure of the Strait of Hormuz and long-term high oil prices, such as coal chemical industry, new energy, energy storage, nuclear power, and power grids; 2. Defensive stocks with stable cash flow, such as coal and hydropower; 3. Clearly growing sectors that may be mistakenly punished, such as AI supply chain price increases and power shortage chains.

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