Oil prices: What the history tells us about rallies in Brent crude

The stock market is barely down 2.5 percent over the last two sessions but the ferocity of the fall, especially on Monday, has made people sit up and take notice. Are we entering a corrective phase? The predominant trigger for the market fall has been the sudden 7 percent jump in oil prices. To answer the question—'will the stock market fall further?', first, you need to answer the question, 'will oil prices continue to rally?'