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The impact of Oil price changes on the Gulf Council Countries (GCC) stock markets
Finance & Accounting
Pages 12 (3012 words)
The impact of Oil price changes on the Gulf Council Countries (GCC) stock markets Contents Contents 2 Introduction 3 Objective of the Project 4 Justification 4 Literature Review 5 Cause and Effect of Oil Price Fluctuations 5 Effect on Financial condition 5 Importance of the Gulf Council Countries in Determining Oil Price 6 Historical Review of Impact of Oil Price Volatility on Financial Markets 7 Methodology 8 Data Collection 9 Linear Model 9 Conclusion 9 Reference 10 Bibliography 13 Introduction Energy is one of the most important factors of global economy.
The changes of the world economy majorly depend on the changes of oil prices. When the oil price increases, then the manufacturers around the world has to incur more cost in the manufacturing process. The cost of transportation also increases. Because of the increment in the operating cost, the profit of the company decreases. A country’s economy mostly depends on the performance of the companies. When the performance of the company decreases that is the profit of the company decreases, then the economy of the country also get affected. The foreign investors also feel less attracted for the economy of the oil importing country. The investors feel that if they invest that amount of money elsewhere then they can generate more return as the efficiency of the oil importing countries have been decreased due to the oil price hike. However, it is also a fact that the present era is the era of globalization. In this era of globalization, the economy of one country has certain effect to the economy of other country. As the oil price hikes so, the country, which imports oil from some other country, found problem in manufacturing. ...
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