Template-Type: ReDIF-Article 1.0 
Author-Name: Paresh Kumar Narayan
Author-Email:  contact.apaea@gmail.com
Author-Workplace-Name: Asia Pacific Applied Economics Association
Title: Oil Price News and COVID-19 - Is There Any Connection
Abstract:  We evaluate the relative importance of COVID-19 infections and oil price news in influencing oil prices. We show that when the number of new COVID-19 infections surpasses 84,479, COVID-19 exerts a bigger effect on oil prices. Oil price news when conditioned on COVID-19 cases have limited effects on price. When oil price volatility is used as a threshold, at higher levels of volatility, both COVID-19 cases and negative oil price news influence oil prices.
Classification-JEL:  O
Keywords:  covid-19, oil prices, news, 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/13176-oil-price-news-and-covid-19-is-there-any-connection.pdf
File-Format:  Application/pdf
Handle: RePEc:ayb:jrnerl:26