Article
English, Turkish
ID: <
oai:doaj.org/article:e86ef40945f14857a611a7453f992982>
·
DOI: <
10.29216/ueip.357615>
Abstract
Oil prices leading the world economy it is one of the economic indicators. Changes in oil price macroeconomic variables and stock market variables it can affect. World face as terrestrial area as of 2017 25% of its measurement; BRIC countries comprising 41% of the world's population economies and stock markets, oil and oil prices in the world he is more sensitive than his country. Countries called BRIC It consists of Brazil, Russia, India and China. Brazilian crude oil at the point of production and export, it is listed in the top 20 in the world. Russia oil Saudi exports first and crude oil exports in the world It is the second country after Arabia. India, to a rapid increase of industrialisation depending on, it is the third largest import of crude oil in the world. China imports more than US$200 billion of crude oil in the world someone from the country. In this study, oil price changes its impacts on the stock markets have been explored. Panel regression analysis in this context made, the findings are consistent with expectations.