We review a large body of the empirical literature focusing on the relation between
petroleum product prices and oil prices and discuss the evidence on the direction of …

This research estimated the smooth transition autoregressive model with exogenous
variables to evaluate the non-linearity of West Texas Intermediate (WTI) crude oil price from …

The study hypothesizes if asymmetric relationship exists between oil price and inflation
nexus. Essentially, this study uses a multiple threshold nonlinear autoregressive distributed …

This research explores economic growth dynamics in five ASEAN countries (1980–2020),
analyzing the short and long-term impact of financial development (FD), oil prices …

We review and synthesize the empirical evidence on several factors related to petroleum
product prices:(1) the general distributional characteristics of petroleum product prices;(2) …

Purpose: The price of crude oil directly affects inflation. The cost of products and services
goes up across the economy when oil prices rise. Since both factors affected crude oil price …

Crude oil is a major driver of the global economy and its price dynamics are a key indicator
for producers, consumers and investors. The increasing volatility of crude oil prices in the …

This paper argues on theoretical grounds that the negative oil prices event on April 20,
2020, was mainly due to the strategic interactions among some active traders on both sides …

The traditional approach to hedging the crude oil refining margin (crack spread) adopts a
fixed 3: 2: 1 ratio between the futures positions of crude oil, gasoline, and heating oil …

Natural gas prices are a vital indicator of a country's economic conditions. Accurately
forecasting natural gas prices is challenging due to the complex interaction of various …