Zhang, Wenbei; Luckert, Marty; Qiu, Feng - 2022
. However, research is scarce on impacts of oil markets on jet fuel and diesel. This absence of information is particularly … time series econometric approach, we examine price transmission from crude oil to jet fuel and diesel. Specifically, we …: (1) both jet fuel and diesel have long-run equilibrium relationships with oil prices; (2) price adjustments of jet fuel …