A copy of this work was available on the public web and has been preserved in the Wayback Machine. The capture dates from 2021; you can also visit the original URL.
The file type is
Oil Price Shocks During the COVID-19 Pandemic: Evidence From United Kingdom Energy Stocks
Energy RESEARCH LETTERS
We investigate the dynamic relationship between global oil prices, the stock market, and oil and gas stock (FTSE-OG) returns in the UK through a structural vector autoregressive (VAR) framework during the COVID-19 pandemic. The structural VAR results suggest that the impact of structural shocks related to the global oil price on FTSE-OG index returns becomes less important and loses its explanatory power during the pandemic. However, stock market shocks increase their explanatory power in the variations of FTSE-OG index returns.doi:10.46557/001c.24253 fatcat:bgkuu52yf5cwxa6frhws2ktave