Abstract On 20 April 2020, the West Texas Intermediate (WTI) crude oil price dropped to
negative levels for the first time in history. This study examines the factors underlying the …

Traditionally, fundamental factors of supply and demand were important in understanding oil
price dynamics before the financial crisis. These factors, however, are no longer sufficient to …

In this article, we provide a structured review of crude oil price dynamics. Specifically, we
summarize evidence on important factors determining oil prices, cover the impact of oil …

In this paper, we delve into the critical role of oil shocks in influencing the systematic risk of
G7 stock markets—a concern of paramount importance given the interconnectedness of …

Oil prices have had considerable surges and bursts since the first oil crisis of 1973. Until
then its price was stable, with almost zero volatility. Since then, apart from the two oil crises …

This manuscript proposes a new approach for unveiling existing linkages within the
international oil market across multiple driving factors beyond production. A multilayer …

Background Increased interest about gun ownership and gun control are oftentimes driven
by informational shocks in a common factor, namely violent attacks, and the perceived need …

In this paper, we develop and estimate a structural econometric model of the dynamic game
among petroleum-producing firms in the world petroleum market. Our model allows firms …

We develop and estimate a structural econometric model of the dynamic game among
petroleum-producing firms making production and investment decisions in the world oil …

Lack of and delayed investment in high capital-intensive industries along with
mismanagement can lead to collapse in output. This article focuses on the recent …