Template-Type: ReDIF-Article 1.0 
Author-Name: Neluka Devpura  
Author-Name:   Paresh Kumar Narayan
Author-Email:  contact.apaea@gmail.com
Author-Workplace-Name: Asia Pacific Applied Economics Association
Title: Hourly Oil Price Volatility - The Role of COVID-19
Abstract:  In this paper, we study the evolution of hourly oil price volatility. Using multiple measures of oil price volatility, we conclude that volatility increased following the onset of COVID-19. After controlling for conventional predictors of oil price volatility, we show that COVID-19 cases and deaths led to an increase in daily oil price volatility by between 8% and 22%. Our results pass a battery of robustness tests.
Classification-JEL:  O
Keywords:  covid-19, oil price, volatility
Journal:  Energy RESEARCH LETTERS
Pages: 1-4
Volume: 1
Issue: 1
Year:  2021
DOI:  2021/06/16
File-URL:  https://erl.scholasticahq.com/api/v1/articles/13683-hourly-oil-price-volatility-the-role-of-covid-19.pdf
File-Format:  Application/pdf
Handle: RePEc:ayb:jrnerl:22