This research unearths the jolts in oil prices that has effect on the actual stock returns in Nigeria over 2001-2011 using multivariate regression models. Variables ranging from altering oil prices, changes in stock returns, changes in exchange rates and altering world market index were...

This paper reports a study on the causal dynamics between spot oil price, exchange rates, and stock prices in Poland, the Czech Republic, Hungary, Romania, and Serbia. The results are compared with a benchmark analysis in which U.S. monthly data are used, and time periods are selected according...