The Essential Role of Pandemics: A Fresh Insight Into the Oil Market

By Meng Qin, Yu-Chen Zhang, Chiwei Su. 2020

153 citations recorded by the source corpus.

This paper probes the interrelationship between pandemics and oil prices. It shows that the pandemics may reduce the oil demand, causing oil prices to decrease, which is inconsistent with the predictions of the intertemporal capital asset pricing model. The implication of this study is that the oil market should not be ignored when analyzing the effect of pandemics.

Subfields: Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/32792435d0cc44ae0702835d2d492660d0bc2d0a

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In Economics and Econometrics

Citations in the corpus

Did Bubble Activity Intensify During COVID-19? (2020, background): “…Gil-Alana & Monge, 2020; Gu et al., 2020; Haroon & Rizvi, 2020a, 2020b; Huang & Zheng, 2020; Iyke, 2020a, 2020b; Liu et al., 2020; Narayan, 2020; Qin et al., 2020; A. Salisu & Adediran, 2020; A.A. Salisu et al., 2020; Afees A. Salisu & Vo, 2020; Xiong et al., 2020; Zaremba et al., 2020; Zhang…”
COVID–19’s Impact on Stock Prices Across Different Sectors—An Event Study Based on the Chinese Stock Market (2020, background): “Qin et al. (2020) analysed the impact of the pandemic on oil markets.”
Flatten the Curve and Stock Market Liquidity – An Inquiry into Emerging Economies (2020, background): “…on financial markets focus on returns, volatility and systematic risk (Al-Awadhi et al. 2020; Albulescu 2020; Apergis and Apergis 2020; Fu and Shen 2020; Gil-Alana and Monge 2020; Haroon and Rizvi 2020; Liu, Wang, and Lee 2020; Narayan 2020; Qin, Zhang, and Su 2020; Zhang, Hu, and Ji 2020).”
How Do Firms Respond to COVID-19? First Evidence from Suzhou, China (2020, background): “…outbreak mainly focus on the dynamics of the pandemic and its macroeconomic consequences (Apergis and Apergis 2020; Ali, Alam, and Rivzi 2020; Fu and Shen 2020; Gil-Alana and Monge 2020; Haroon and Rizvi 2020; Liu, Wang, and Lee 2020; Narayan 2020; Qin, Zhang, and Su 2020; Qiu, Chen, and Shi 2020).”
Constructing a Global Fear Index for the COVID-19 Pandemic (2020, background): “A number studies have also investigated the connection between the COVID-19 pandemic and the energy sector (see Apergis and Apergis 2020; Fu and Shen 2020; Gil-Alana and Monge 2020; Liu, Wang, and Lee 2020; Narayan 2020;; Qin, Zhang, and Su 2020).”
COVID-19: The Reaction of US Oil and Gas Producers to the Pandemic (2020, background): “The disruption in demand vis-à-vis excess supply will lead, inter alia, to declines in oil and gas prices, supply, and firm revenues.2 Consistent with this possibility, Qin et al. (2020) show that the COVID-19 pandemic caused a reduction in oil demand leading to a decline in oil prices.”
Country Responses and the Reaction of the Stock Market to COVID-19—a Preliminary Exposition (2020, background): “Some recent papers are Narayan (2020), Gil-Alana and Monge (2020), Liu, Wang, and Lee (2020), Zhang, Hu, and Ji (2020), Haroon and Rizvi (2020), Ali, Alam and Rizvi (2020), Al-Awadhi et al. (2020), Fu and Shen (2020), Qin, Zhang, and Su (2020), and Apergis and Apergis (2020).”
COVID-19 and the Oil Price – Stock Market Nexus: Evidence From Net Oil-Importing Countries (2020, background): “The existing studies on COVID-19 research focus on oil markets and their impact on various economic factors (E. Apergis & Apergis, 2020; Fu & Shen, 2020; Gil-Alana & Monge, 2020; Iyke, 2020a; L. Liu et al., 2020; Narayan, 2020; Qin et al., 2020)1.”