J
2020
Brent crude oil prices volatility during major crises
ČECHOVÁ ZÁVADSKÁ, Miroslava, Lucia MORALES and Joseph COUGHLAN
Basic information
Original name
Brent crude oil prices volatility during major crises
Authors
ČECHOVÁ ZÁVADSKÁ, Miroslava (203 Czech Republic, belonging to the institution), Lucia MORALES (372 Ireland) and Joseph COUGHLAN (372 Ireland)
Edition
FINANCE RESEARCH LETTERS, ACADEMIC PRESS INC ELSEVIER SCIENCE, 2020, 1544-6123
Other information
Type of outcome
Článek v odborném periodiku
Field of Study
50202 Applied Economics, Econometrics
Country of publisher
Netherlands
Confidentiality degree
není předmětem státního či obchodního tajemství
RIV identification code
RIV/26867184:_____/20:N0000038
Organization unit
Moravian Business College Olomouc
Keywords in English
Crude oil; Volatility; Energy; Crises
V originále
Volatility patterns in Brent crude oil spot and futures prices are examined during four major crises that significantly affected the oil markets: the First Gulf war 1990/91; the Asian Financial crisis 1997/98; the US terrorist attack 2001; and the Global Financial crisis 2008/9. The selected crises arose due to different triggers having diverse implications for oil market participants. The outcomes reveal higher levels of volatility during crises that was directly associated with oil supply/demand disruptions and higher volatility persistence during financial/economic crises, indicating that volatility persistence is a key issue when uncertainty is derived from global economic and financial instability.
Displayed: 14/11/2024 06:15