Undoubtedly, oil prices play a crucial role in the macroeconomic performances of oil-exporting developing countries. In this regard, the exchange rate is one of the key macroeconomic indicators worthy of investigation. Existing literature shows that world oil prices play an important role in the...

Member countries of the Organisation of Petroleum Exporting Countries (OPEC) are always in the news regarding the prices and supply of crude oil to the international market. One of the economic reasons for this is liquidity and the desire to accumulate international reserves by the respective...

The current article aims to contribute to the debates on the linkages between oil price shock and exchange rates by asking: What are the impacts of shocks of oil supply, global demand, and oil-specific demand on exchange rates for OPEC's 13-member countries? To this purpose, the method of...

The development and use of intelligent methods as an emerging trend is attracting attention in the academia and industries, including petroleum industry. Forecasting OPEC petroleum consumption can go to a greater extend in helping the management of OPEC to properly manage petroleum demand and...