What’s the relationship between oil price and stock price?
Tuesday, January 26th, 2010It seems like there’s a relationship between commodity price (oil price in particular) and stock price. What is it?
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I am looking for data on the average national (US) price of oil per gallon in recent months, specifically in september and october. Can anyone give me a quote or know where I can find such statistic?
Also, is the threat of recession and recent plunge in the stock market likely to result in lower or higher oil prices?
Thank you.
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