How will oil price affect stock price? - Seedly
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Asked on 13 Mar 2019

How will oil price affect stock price?

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Oil is the basic good of the economy. Change in its price affects other sectors such as the economy of the country, the stock market, gold prices, inflation, etc... Increase in oil price can affect expenses of consumers leading to reduced demand from consumer side. The reduced consumer demand is likely to affect the revenue of companies. And because of high expenditure but low revenue, stock price is going to fail.

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