The Underlying Causes of Oil Price Fluctuations

  Oil is one of the basic global commodities and tends to see larger fluctuations in price than stable investments such as stocks and bonds. There is direct and indirect impact of oil prices fluctuation on the global economy. Therefore, investors track the prices of oil very closely. The fluctuation in oil prices is considered as a dreadful symbol for the global economy as it creates volatility in stock markets and also impacts on the industries negatively. The increases in oil prices increase energy prices, which can cause a ripple…

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