Intro -- Content -- I. INTRODUCTION -- II. OIL PRICE VOLATILITY -- III. THE DEMAND AND SUPPLY OF CRUDE OIL -- IV. ROLE … OF MONETARY POLICY IN THE OIL MARKETS -- V. SOLUTION OF THE SEM -- VI. CONCLUSIONS -- APPENDIX -- REFERENCES. …

Following record low interest rates and fast depreciating U.S. dollar, crude oil prices became under rising pressure … and seemed boundless. Oil price process parameters changed drastically in 2003M5-2007M10 toward consistently rising prices … were supportive of these trends. Market expectations derived from option prices anticipated further surge in oil prices and …

This paper analyzes the relationship between oil price shocks and bank profitability. Using data on 145 banks in 11 oil …-exporting MENA countries for 1994-2008, we test hypotheses of direct and indirect effects of oil price shocks on bank profitability …. Our results indicate that oil price shocks have indirect effect on bank profitability, channeled through country …

currencies, and weakening financial conditions, recent trends in oil prices might not persist further without triggering world … economic recession, regressive oil supply, as oil producers became wary about inflation. Restoring stable oil markets, through …Following record low interest rates and fast depreciating U.S. dollar, crude oil prices became under rising pressure …

identify the effects of OPEC announcements on oil price fluctuations. Results show that price volatility is higher than typical …This paper studies the historical importance of OPEC for oil price fluctuations. An event-study approach is used to … multinomial logit framework identifies the main factors that explain OPEC's decisions to cut, maintain, or boost members' oil …

This paper examines the mechanisms through which output volatility is related to trade openness using an industry … appreciable impact on aggregate volatility. Added together they imply that the relationship between trade openness and …

framework. It models a small open economy and the rest of the world together to discover both accompanying effects of oil price …Analyzing macroeconomic impacts of oil price changes requires first to investigate different sources of these changes … and their distinct effects. Kilian (2009) analyzes the effects of an oil supply shock, an aggregate demand shock, and a …

higher food shares in CPI baskets, fuel intensities, and pre-existing inflation levels were more prone to experience … scores seem to have contained the impact of these shocks better. The effect of the presence of inflation …

inflation series, we find that supply-driven inflation is more reactive to oil shocks and supply chain pressures, while demand …What are the contributions of demand and supply factors to inflation? To address this question, we follow Shapiro (2022 …) and construct quarterly demand-driven and supply-driven inflation series for 32 countries utilizing sectoral Personal …