While the price moved above the middle of the range last week, we are coming into a time of the year when oil prices often decline. During the winter months, gasoline demand tends to fall, putting pressure on th
(2022) explored the effects of COVID-19 on crude oil and precious metals prices. They used parametric and non-parametric causality methods on four selected metals (i.e., Palladium, Platinum, Gold, and Silver) and crude oil. Their non-parametric test results illustrate that COVID-19 affects...
(iii) on average, each $1 in BTC market value created was responsible for $0.35 in global climate damages, which as a share of market value is in the range between beef production and crude oil burned as gasoline, and an order-of-magnitude higher than wind and solar power. Taken ...
Now if it were possible for the world to run on oil that costs two or three hundred dollars a barrel it would probably be possible to keep on increasing production for a good long while yet.Prices in that range are what it is going to take to mine oil shale and process it and conver...
Notably, prices of commodities such as crude oil, copper, and corn are closely linked to financial assets [1,2]. However, external shocks, such as the COVID-19 pandemic, and geopolitical events, such as the Russia–Ukraine War, can alter these dynamics. In particular, the Russia–Ukraine ...