Energy markets responds to Covid-19 pandemic

Souhir Amri Amamou and Saoussen Aguir Bargaoui

Resources Policy, 2022, vol. 76, issue C

Abstract: This paper aims to detect the sensitivity of the Oil market to different Covid-19 outbreak periods. To test its haven propriety, and its sensitivity to the study phase, our research investigates the Covid-19 indicators explanatory power. Using the OLS regression, our results reveal that new pandemic wave announcement declines the Oil market demand. It doubts its safe-haven property. In parallel, we detect that this market responds to the determining factors of the Covid-19 Pandemic. At this level, we found that the number of the reported cases has lost its explanatory power since the emergence of the second pandemic wave. On the contrary, mortality following this virus has become a significant explanatory factor.

Keywords: Covid-19; Oil market; Outbreaks; Safe-haven (search for similar items in EconPapers)
JEL-codes: C22 G15 Q43 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jrpoli:v:76:y:2022:i:c:s0301420722000046

DOI: 10.1016/j.resourpol.2022.102551

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