$SIA (C6L.SG)$ : Donald Trump has plans to increase oil prod...

$SIA (C6L.SG)$ : Donald Trump has plans to increase oil production in the US. This involves ramping up domestic energy production, specifically drilling for oil and natural gas. He claims this will cut energy prices by half within 12 months after taking office on 20 Jan 2025.

It's also worth noting that US oil production has already hit record levels, averaging over 12.9 million barrels per day in 2023, with projections to rise to 13.2 million barrels per day in 2024. Despite this, Trump aims to increase production even further in 2025.

This would help reduce inflation further, which in turn beneficial for transportation companies like SIA. At the same time, reducing food price. However, should he unable to achieve his promised due to Congress or Opec's disapproval, then we shall continue to see high energy prices.

Just my personal opinion only, please do not jump in to buy SIA, because I am wrong so many times already. Because I am always very bullish on SIA, but the trend always go against me.