Asymmetric impact of oil price shock on economic uncertainty: evidence from the asymmetric NARDL modelThe aim of this article is to investigate the asymmetric effects of the oil price on economic policy uncertainty for the period from January 1997 to May 2021 using a non‐linear autoregressive ...
Oil is the crown jewel ofcommodities. It's used in many ways, from plastics to asphalt to fuel. As a result, theoil industryis an economic powerhouse, and changes in oil prices are closely watched by governments, corporations, investors, and traders. Volatile oil prices can send shockwaves ...
As the IEA puts it: "The prospect of large-scale disruptions to Russian oil production is threatening to create a global oil supply shock. We estimate that from April, three million barrels per day of Russian oil output could be shut in as sanctions take hold and...
Empirical Research on the Interaction Between Oil Price Shock and World Economic Activity Although the research on the relation between oil price shock and economic growth have emerged in a large amount since the 1970s, there has been little emp... N Hou,Z Qi - International Conference on Wire...
This paper analyses the impact of transmission of international oil prices and domestic oil price pass-through policy on major macroeconomic variables in India with the help of a macroeconomic policy simulation model. Three major channels of transmission of oil price shock viz. import channel, price...
a downward revision of 3.26 mb/d from the previous projection. The impact of COVID-19, ensuing global economic recession and oil demand shock, will also lead to supply disruptions. Benchmark oil prices plunge prompted companies to respond by cutting capital expenditure to the lowest in 13 years...
For months, oil traders shrugged off any threat of a supply shock in the Middle East, betting on softening demand from China and the West, along with hopes… Saudi Arabia Warns Oil Prices Could Drop to $50 Oct 02, 2024 at 06:31 | Charles Kennedy ...
Could the bad olddays of economic decline be about to return? Since OPEC agreed to supply-cutsin March, the price of crude oil has jumped to almost $26 a barrel, up fromless than $10 last December. This near-tripling of oil prices calls up scarymemories of the 1973 oil shock, when ...
Norton, P.W.: Regulation, the OPEC oil supply shock, and wealth effects for electric utilities. Econ. Inq. 26, 223-238 (1988)Norton, S. W. (1988). Regulation, The OPEC Oil Supply Shock, and Wealth Effects for Electric Utilities. Economic Inquiry, 223-238....
②Since OPEC agreed to supply-cuts in March, the price of crude oil has jumped to almost $26 a barrel, up from less than $10 last December.③This near-tripling of oil prices calls up scary memories of the 1973 oil shock, when prices quadrupled, and 1979-80, when they also almost ...