The connectedness in the world petroleum futures markets using a Quantile VAR approach

SK Jena, AK Tiwari, EJA Abakah… - Journal of Commodity …, 2022 - Elsevier
This paper investigates how the six major petroleum futures Oman crude, NYMEX RBOB
gasoline, ICE low sulphur gasoil, ICE Brent crude, NYMEX light sweet crude and NYMEX …

Analyzing time-varying volatility spillovers between the crude oil markets using a new method

T Liu, X Gong - Energy Economics, 2020 - Elsevier
The spillover effect is an important factor affecting the volatility of crude oil price. Basing on
the study of Diebold and Yilmaz (2009, 2012, 2014), we propose a new method that …

Interaction between oil and US dollar exchange rate: nonlinear causality, time-varying influence and structural breaks in volatility

F Wen, J Xiao, C Huang, X Xia - Applied Economics, 2018 - Taylor & Francis
This article examines the nonlinear Granger causality and time-varying influence between
crude oil prices and the US dollar (USD) exchange rate using the Hiemstra and Jones (HP) …

Oil prices, speculation, and fundamentals: Interpreting causal relations among spot and futures prices

RK Kaufmann, B Ullman - Energy Economics, 2009 - Elsevier
A consensus that the world oil market is unified begs the question, where do innovations in
oil prices enter the market? Here we investigate where changes in the price of crude oil …

World oil: market or mayhem?

JL Smith - Journal of Economic Perspectives, 2009 - aeaweb.org
Many observers regard the world oil market as a puzzle. Why are oil prices so volatile? Why
did prices spike in the summer of 2008, and what role did speculators play? How important …

A wavelet-based methodology to compare the impact of pandemic versus Russia–Ukraine conflict on crude oil sector and its interconnectedness with other energy …

A Roy, A Soni, S Deb - Energy Economics, 2023 - Elsevier
We address the important question of whether the COVID-19 pandemic and the Russia–
Ukraine conflict have the same economic impact. Our study focuses on a comparative …

[HTML][HTML] Exploring the non-linearity of West Texas Intermediate crude oil price from exchange rate of US dollar and West Texas Intermediate crude oil production

YT Yang, TY Yang, SH Chen, CV Tong - Energy Strategy Reviews, 2022 - Elsevier
This research estimated the smooth transition autoregressive model with exogenous
variables to evaluate the non-linearity of West Texas Intermediate (WTI) crude oil price from …

The emperor has no clothes: The limits of OPEC in the global oil market

JD Colgan - International Organization, 2014 - cambridge.org
Scholars have long debated the causal impact of international institutions such as the World
Trade Organization or the International Monetary Fund. This study investigates Organization …

Evolution of the world crude oil market integration: A graph theory analysis

Q Ji, Y Fan - Energy Economics, 2016 - Elsevier
This paper investigates the evolution of the world crude oil market and the pricing power for
major oil-producing and oil-consuming countries using graph theory. A minimal spanning …

Dynamic transmission mechanisms in global crude oil prices: estimation and implications

D Zhang, Q Ji, AM Kutan - Energy, 2019 - Elsevier
This study examines the dynamic behavior and spillover effects in global crude oil markets
by introducing a connectedness measure based on the vector autoregressive model. Seven …