I'm having a hard time trying to figure out the reason behind correlation between crude prices and the equities market. The crude prices have fallen because of fundamental reasons such as excess supply. So why exactly is the stock markets around the world wobbling because of it? After a lot of thought, I came to a few possibilities. One being the fact that there is an over supply because the demand for crude is lower which indicates lower production and consumption and therefore a weakening economy. Second, that markets have removed money from crude and metals and are now expected to remove from equities too.