Firm return volatility and economic gains: The role of oil prices

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Does Financial News Predict Stock Returns? New Evidence from Islamic and Non-Islamic Stocks (2017, background): “2 Narayan and Sharma (2014) show that oil price also predicts stock return volatility.”
Oil price and stock returns of consumers and producers of crude oil (2015, background): “Amongst empirical studies (Jones and Kaul, 1996; Driesprong et al., 2008; and Narayan and Sharma, 2011, 2014), all show evidence of a lagged effect of oil price changes on stock returns.”
Improving the predictability of the oil–US stock nexus: The role of macroeconomic variables (2019, methodology): “Meanwhile, as the main objective of this study is to determine an appropriate model for predicting US stock returns, we follow the standard approach for predictive model analysis by dividing our full sample period into 50% and 75% for in-sample analyses (see also Westerlund and Narayan, 2014).”
Time-Varying Effect of Oil Market Shocks on the Stock Market (2015, unknown): “Narayan and Sharma (2014) find that oil price provides significant out-of-sample forecasts of the variance of firm returns.”