oil derivatives, specifically futures, and stock index returns in UK and USA. The paper will also analyze the Chinese …The primary purpose of the paper is to analyze the conditional correlations, conditional covariances, and co-volatility … spillovers between international crude oil and associated financial markets. The paper investigates co-volatility spillovers …

. For the USA, daily spot and futures prices are available for crude oil and coal, but there are no daily spot or futures … causality and volatility spillovers in spot and futures prices of carbon emissions, crude oil, and coal. A likelihood ratio test … suggested to analyse market fluctuations in the spot and futures returns and volatility of carbon emissions, crude oil and coal …