Effect of oil prices on Share Market


The price of crude oil is decided by the fluctuations and relative balance of supply and demand and is closely watched by economist who look at the price of oil as one of the leading indicators of changes in economic condition, such as economic slowdown or even recession (if oil prices fall) or inflation (if oil prices rise).  The global economy is highly dependent on oil to function and to grow and the demand equation for oil is fueled by both the developed economies (US and Europe) as well as the emerging market giant such as China. The two largest consumers of oil by far being the United States and China
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About Algowire Academy

Algowire Trading Academy is an academy that provides education regarding trading in financial markets. Backed up by SHARE INDIA GROUP, which was established in 1994. The academy was founded by IIT,ISB and imperial college alumnus. Our human capital has amalgamated experience from different sections of financial markets.
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