{"title":"油价新闻与covid -19有联系吗?","authors":"P. Narayan","doi":"10.46557/001c.13176","DOIUrl":null,"url":null,"abstract":"We evaluate the relative importance of COVID-19 infections and oil price news in influencing oil prices. We show that when the number of new COVID-19 infections surpasses 84,479, COVID-19 exerts a bigger effect on oil prices. Oil price news when conditioned on COVID-19 cases have limited effects on price. When oil price volatility is used as a threshold, at higher levels of volatility, both COVID-19 cases and negative oil price news influence oil prices.","PeriodicalId":348903,"journal":{"name":"Energy RESEARCH LETTERS","volume":"14 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2020-06-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"310","resultStr":"{\"title\":\"Oil Price News and COVID-19—Is There Any Connection?\",\"authors\":\"P. Narayan\",\"doi\":\"10.46557/001c.13176\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"We evaluate the relative importance of COVID-19 infections and oil price news in influencing oil prices. We show that when the number of new COVID-19 infections surpasses 84,479, COVID-19 exerts a bigger effect on oil prices. Oil price news when conditioned on COVID-19 cases have limited effects on price. When oil price volatility is used as a threshold, at higher levels of volatility, both COVID-19 cases and negative oil price news influence oil prices.\",\"PeriodicalId\":348903,\"journal\":{\"name\":\"Energy RESEARCH LETTERS\",\"volume\":\"14 1\",\"pages\":\"0\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2020-06-04\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"310\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Energy RESEARCH LETTERS\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.46557/001c.13176\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Energy RESEARCH LETTERS","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.46557/001c.13176","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
Oil Price News and COVID-19—Is There Any Connection?
We evaluate the relative importance of COVID-19 infections and oil price news in influencing oil prices. We show that when the number of new COVID-19 infections surpasses 84,479, COVID-19 exerts a bigger effect on oil prices. Oil price news when conditioned on COVID-19 cases have limited effects on price. When oil price volatility is used as a threshold, at higher levels of volatility, both COVID-19 cases and negative oil price news influence oil prices.