In 2020, the outbreak of COVID-19 caused a sharp drop in international crude oil prices. The Russian Ukrainian conflict 2022 has also had great impact on fluctuation So far as an important source energy, price is associated with entire financial market. Therefore, this paper try to find how air transport industry will going through dynamic changes its main energy——crude oil. Then data Brent and...

The study investigates the effect of macroeconomic determinants on the performance of the Indian Stock Market using monthly data over the period January 1991 to December 2011 for eight macroeconomic variables, namely, Interest Rate, Inflation, Exchange Rate, Index of Industrial Production, Money Supply, Gold Price, Silver Price & Oil Price, and two stock market indices namely Sensex and S&P CNX...

In this work, the feasibility of flow pattern and oil hold up the prediction for vertical upward oil–water two–phase flow using pressure fluctuation signals was experimentally investigated. Water and diesel fuel were selected as immiscible liquids. Oil hold up was measured by Quick Closing Valve (QCV) technique, and five flow patterns were identified using high-speed photo...

The futures market in West Texas Intermediate crude oil was introduced in 1983 with a posted-price cash market in which the posted price changed a few times a year. By 2002, the cash price changed almost daily. Evidence from producers’ invoices shows that this initially low frequency of price changes reflects transactions prices. Using experiments, we show that the introduction of a futures mar...

According to the standard analysis of commodity prices, stockpiling is a necessary signature of speculation. This paper develops an approach suggesting that speculation may temporarily push crude oil prices above the level justified by physical-market fundamentals, without necessarily resulting in a significant increase in oil inventories. Looking beyond debate on the value of oil-demand price-...

The relationship between oil price shocks and U.S. macroeconomic fluctuations advocated by Hamilton (1983) broke down in the 1980s amidst a new regime of highly volatile oil price movements. Several authors have argued that asymmetric and nonlinear transformations of oil prices restore that relationship, and thus that the economy responds asymmetrically and nonlinearly to oil price shocks. In t...