More on oil: The correlation between oil prices and equities is melting away, notes Scott...

|By:, SA News Editor

More on oil: The correlation between oil prices and equities is melting away, notes Scott Barber. Since the financial crisis, the oil price has been demand driven - with crude moving higher along with stocks. Of late, price moves are more to do with supply worries which could presage something less than positive for the equity markets.