Crude oil price

The conventional linear econometric and statistical models are not effective for forecasting the nonlinear and complex nature of crude oil prices. Computational intelligence techniques and hybrid modelling principles have been proposed to address this issue. Multiple forecasts can be combined using linear or nonlinear methods to create an aggregate forecast.

6p viritesh 02-04-2024 3 1   Download

This study aims to examine the supply chain strategy in causal relationship between world CPO price causality, production and marketing margin price using the Granger causality approach in the period January 2006-December 2017. This research proves that: (i) The results of the bivariate causality test explain that Indonesian CPO production has a single causality direction with world CPO prices.

4p longtimenosee04 06-03-2024 2 0   Download

This study is an attempt to explore the dynamic relationship among world gold price, world crude oil WTI price, exchange rate of VND/USD and Vietnamese stock market index returns. Daily data from 2nd May 2013 to 27th April 2018 is taken, constituting 1245 observations. To capture dynamic and stable relationship among these variables, we use Vector Autoregressive Technique. The results show that each variable is highly affected by changes of value and past value of its and the other variables’ at different degree.

13p tethientran 27-07-2023 7 4   Download

In this paper a Pooled Ordinary Least Square model has been considered for some Southeast Asia countries in order to study the direct effects of world oilprice shocks and real interest rate on inflation. Our results canbe summarized as follows: For seven Southeast Asian countries including Vietnam, Thailand, Indonesia, Malaysia, Myanmar, Philippines and Singapore, world crude oil price and real interest rate both have statistical significant negative impact on inflation.

8p nhanchienthien 25-07-2023 10 5   Download

This research aims at testing the correlation between the price of gold and many macroeconomic variables in Vietnam. Multiple Linear Regression is employed to determined significant relationship between dependent and independent variables, covering the data collected from January 2010 to June 2016.

8p visaleen 03-11-2022 12 5   Download

The paper focuses on the development of crude oil prices in the international market in recent years, analyzing the two-way impacts of such developments on the Vietnamese economy from different perspectives on security. national capacity and socio-economic sustainable development goals, environmental protection, on which basis to draw conclusions and recommend solutions according to the research objectives of the article.

9p visherylsandberg 18-05-2022 9 1   Download

The article will shed lights on the impact of oil price on some macroeconomics indicators of Vietnam, specifically the Consumer Price Index (CPI) and the Index of Industrial Production (IIP). The research will employ the Vector Autoregression (VAR) model, the samples include oil price, which is the Consumer Price Index (CPI) and Index of Industrial Production (IIP) recorded monthly in the period from January 2015 to December 2019. Results have shown the impact oil price has on macroeconomic indicators in Vietnam.

8p alucardhellsing 04-05-2022 15 2   Download

This paper tries to explore the relationship between Taiwan stock market and commodity market and American stock market. There are six variables with total 213 observations for each variable by using monthly data from the periods of October 1997 to June 2015. Model 1 examines commodity market including gold price（LLG, crude oil price（WTI, USD index (USDX）and Taiwan stock market.

17p viuchinaga2711 21-10-2021 14 2   Download

The crude oil price fluctuation investigation is to explore the impact of crude oil price shocks on the countries’ economic growth. The Vector Autoregressive Model (VAR) was applied and the variance decomposition is to analyze the impact of the GDP growth due to the shock of the crude oil price.

11p caygaocaolon11 18-04-2021 30 3   Download

This paper assesses empirically the effects of real oil price shocks on the food inflation in Kazakhstan for the monthly period 2004-2019 by using a VAR model. Standard unit root tests do not yield reliable results in the presence of breaks. In this regard, Zivot and Andrews (1992) has been tested with the help of unit root test. Food prices have been proven to be I (1) according to the Zivot and Andrews (1992) test, while I (0) is according to the ADF test. In subsequent steps, the causality test of the variables was performed.

7p caygaocaolon11 18-04-2021 18 2   Download

While different streams of literature exist investigating the relationship and the conditional correlation between oil import prices, oil returns volatility and stock market returns volatility. The period of the study runs from July 1997 until July 2017 with a monthly data. The objectives of the present paper are the following to investigate the order of the mean equation, the order (p,q) of the conditional variance and the order (r,s) of the Diag-BEKK model.

17p caygaocaolon11 18-04-2021 21 5   Download

Crude oil is considered as a major resource of any developing country it may be either Oil importing or exporting countries. The present study examines the relationship between the Exchange rate, Crude oil and Stock market returns. The study analyse the monthly observations from April 1, 2003 to March 31, 2019 with the help of Co integration, Granger causality, Variance Decomposition. The overall findings of the study indicate a significant effect of Crude oil on USD/INR Exchange rate.

6p caygaocaolon11 18-04-2021 21 4   Download

The inconclusiveness of findings from various studies on Nigeria on the effect of crude oil price fluctuation on the stock market has led to an argument in literature, thus necessitating further exploration of the subject. This study examines the effect of variations in the price of crude oil on selected stock market performance variables in Nigeria using monthly frequency data covering January 1997-December 2016. Variance decomposition, impulse response analysis, and VAR estimations were employed for the study.

10p caygaocaolon11 18-04-2021 21 2   Download

This study aims to investigate the association between Thai stock market and the commodity markets using 20-year historical monthly data from January 2000 to January 2020. Commodity prices used in the research consist of the prices of crude oil, natural gas, liquified natural gas, commodity agricultural raw materials, and gold. The traditional VAR is used in analyzing the relations between the commodity prices and stock index. The findings show how changes in each commodity prices had significant influence on the stock market.

7p nguaconbaynhay10 22-02-2021 21 2   Download

In this paper, using data spanning from January 2000 to September 2019, we applied asymmetric and partial structural change models to examine the impact of oil price on food prices in Nigeria. Results from the asymmetric model showed that positive margins in crude oil price reduce the price of food, while negative margins co-move with food price in the long-run. The story is different in the short-run, where both positive and negative changes in oil price exert positive effects on food price.

13p nguaconbaynhay10 22-02-2021 19 2   Download

This paper aims to examine the effect of crude oil price volatility, the internet, and inflation on economic growth in ASEAN-5 countries (Indonesia, Malaysia, the Philippines, Singapore, and Thailand). To test this effect, we use the panel Autoregressive Distributed Lag model and panel data with annual time series for the period from 1995 to 2018. The test results show that only the internet affects economic growth in the long run, and this effect is positive.

7p nguaconbaynhay10 22-02-2021 23 4   Download

Coronavirus (2019-nCoV) not only has an effect on human health but also on economic variables in countries around the world. Coronavirus has an effect on the price of black gold and on its volatility. The shock on all markets is already very strong. Volatility patterns in Brent crude oil simulation are examined during COVID-19 crisis that significantly affected the oil market volatility. The selected crisis of coronavirus arose due to different triggers having diverse implications for oil returns volatility.

12p nguaconbaynhay10 22-02-2021 11 1   Download

. In this study, the long-term relationship between the changes in oil prices and industrial production in the ten most oil-importing countries (China, Germany, India, Italy, Japan, Netherlands, South Korea, Spain, United Kingdom and United States) was analyzed by Pedroni, Kao and Johansen Fisher cointegration tests. According to the empirical findings of the study, it is concluded that the relationship between the industrial production of oil importing countries and oil prices is positive.

7p nguaconbaynhay10 22-02-2021 17 1   Download

The research intends to analyze the connection among the global prices of crude oil and stock market of Indonesia for the period of 2010 to 2019. The international prices for crude oil attributed to the prices of West Texas Intermediary (WTI) crude oil, whereas the Indonesian stock indices were considered asstock exchange factorsin Indonesia.

7p nguaconbaynhay10 22-02-2021 18 1   Download

This paper focused to examine the interest-rates response specified by the Bank of Indonesia’s (BI) to the world crude oil prices and foreign rate of interest. It examined monthly data which ranged from the period of August 2004 to November 2019. The difference equation model was employed for this estimation. The test findings indicated that there was a direct response of the rate of interest specified by BI to the world crude oil price and foreign rate of interest. The rate of interest retained by BI rose (fell) by 0.124% in response to each 1% rise (decline) in the world crude oil price.

7p nguaconbaynhay10 22-02-2021 15 2   Download