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CRUDE OIL
Crude oil and gas is a naturally-occurring material found in certain rock formations in the earth. It is a dark, sticky liquid which, scientifically speaking, is classified as a hydrocarbon and containing carbon and hydrogen.
Investors should observe on rate of crude oil time to time which very essential feature. It’s affects to stock much. On news channel of stock market, Equity inventors and traders can see crude oil.
Relation of Crude oil & OPEC
The Organization of the Petroleum Exporting Countries (OPEC) which consisting of 13 oil producing and exporting countries, spread across three continents America, Asia and Africa. The members are Algeria, Angola, Ecuador, Indonesia, the Islamic Republic of Iran, Iraq, Kuwait, the Socialist People’s Libyan Arab Jamahiriya, Nigeria, Qatar, Saudi Arabia, United Arab Emirates & Venezuela.
Causes low oil prices is generally too much supply or too little demand & high oil prices is shortage of oil supplies. We can analyze about Crude oil form report of OPEC & news(news channel) of Other factors influencing the price of crude oil such as accidents, bad weather, increasing demand, halting transport of oil from producers, labor disputes (strikes) as well as other disruptions to production including war and natural disasters.
What’s effect of Crude Price to Indian stock market?
When crude price are hiked, generally are believe stock market will fall. And international crude price is declined, Indian market will be start to raise.
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