April 2015 Abstract We present evidence that the aggregate capital stock of firms in oil and gas exploration and development (E&D) as well as firms’ inventories help in explaining the dynamics of the slope of the futures curve for crude oil. Standard structural approaches for modeling the futures curve either highlight the role of inventory (storage models) or the rate of extraction (production...

A combination of bagasse and waste oil, which is usually recovered in the industry from the effluent drains or at the machinery sections, is studied to generate a high CV fuel relative to the low CV bagasse fuel alone. The associated technical aspects such as excess steam generation, stack height requirements, economical returns due to the fuel mix are theoretically assessed in the present study.

Oil and gas exploration and production is the most important and key segment in the whole business chain of the petroleum industry. Therefore, oil companies always put much emphasis on making scientifi c and reasonable decisions about investment scale and structure in the upstream sector, so that they can minimise business risks and obtain high returns. According to the system dynamics theories...

This study empirically examines how fluctuations in oil prices affect the stock returns of clean energy and gas companies between 2001:01 2022:06. Our results show that a negative supply shock affects positively. In contrast, an oil-specific demand negatively them. The findings also reveal increase owing to tends not improve companies. Consequently, indicate are alternatives.

In extensive oil-related literature, less attention has been paid to Asia and particularly little evidence is known for oil-refining countries. This paper examines how the economy of an country reacts oil price shock performs cross-country comparisons with oil-exporting oil-importing Singapore (oil refiner), Japan importer), Malaysia exporter) are analysed through a structural vector autoregres...

Data on total U.S. oil consumption and worldwide oil production comes from the Energy Information Association (EIA). Data on household consumption and GDP come from the BEA’s NIPA surveys. Data on TFP, hours worked, and capital supply are from the San Francisco Federal Reserve.1 Data on oil futures are for the NYMEX West Texas Intermediate (WTI) contract, and come from the Commodity Research Bu...

Abstract This study analyzes oil price exposure of the oil–gas sector stock returns for fragile five countries based on a multi-factor asset pricing model using daily data from 29 May 1996 to 27 January 2020. The endogenous structural break test suggests presence serious parameter instabilities due fluctuations in and markets over period under study. Moreover, time-varying estimates indicate th...

Saudi Arabia experienced extreme volatility in oil price booms during a short period due to COVID-19, which traded for 16 days. The boom has received significant attention as it is essential nation’s economic sector. objective of this study was examine how changes under specific conditions affect the stock market return indices and exchange rate Arabia. capital used case study, while average da...

We examine the effect of player-transfers entered into by football clubs owned, or financed, individuals who are key players in oil market on abnormal returns futures. In oil-financed clubs, sums expended buying frequently far exceeds amount received from selling player-transfer market. find that order to finance these deficits market, owners act opportunistically withholding supply, resulting ...