This paper examines the advantages and drawbacks of alternative methods of estimating oil supply and oil demand … conclusion that the one-month oil supply elasticity is close to zero, which implies that oil demand shocks are the dominant …

This paper identifies supply and demand shocks that are specific to the oil-market, and separates them from economy …-wide shocks that affect the demand for many asset classes, including oil. The shocks are identified by the sign and magnitude of … the correlation between daily oil price percent changes and the aggregate stock market total returns, excluding …

the conditional volatility of the oil supply shock, which leads to an oil price increase and stock market decrease, leads … the same prominent variability around oil-market-specific and economy-wide events. A full-blown version of the model … key asset pricing, macroeconomic, and oil-market-specific unconditional moments, but finds it hard to match the magnitude …

prices are determined by shocks to the supply and demand for oil tankers, to the utilization of tankers, and to the cost of …. Tanker supply and tanker demand shocks have persistent effects on time charter rates, round-trip voyage rates, the volume of … alternative methods of estimating oil supply and oil demand elasticities and of incorporating this information into structural VAR …