Developments of Oil Stocks and their Impact on Oil Prices in the Global Energy Markets

Authors

  • Ahmed Jassim Al-Yasiri Department of Economics, Faculty of Administration and Economics, University of Kufa, Najaf, Iraq. Author
  • Maan Abood Ali Department of Economics, Faculty of Administration and Economics, University of Misan, Misan, Iraq. Author
  • Raed Saiad Ali Department of Economics, Faculty of Administration and Economics, University of Misan, Misan, Iraq. Author
  • Hasan Latif K Department of Economics, Faculty of Administration and Economics, University of Kufa, Najaf, Iraq. Author
  • Heider Nima Bekheet Department of Economics, Faculty of Administration and Economics, University of Kufa, Najaf, Iraq. Author

DOI:

https://doi.org/10.61841/s7787e42

Keywords:

: Development of oil stocks, Impact on oil process, Global Energy Markets

Abstract

Oil stocks have been characterized by many changes during the last two decades. These changes are resulting from changes in prices on the one hand and economic fluctuations on the other hand. This study, therefore, seeks to identify the most important types of oil stocks, as well as developments in the size of these stocks, and then its impact on global oil prices. Besides, the role of these stocks in stabilizing the global oil market will be touched upon..

 

 

Downloads

Download data is not yet available.

References

Ahmadi, M., Manera, M., & Sadeghzadeh, M. (2016). Global oil market and the US stock returns. Energy, 114, 1277-1287.

Al-Maamary, H. M., Kazem, H. A., & Chaichan, M. T. (2017). Renewable energy and GCC States energy challenges in the 21st century: A review. International Journal of Computation and Applied Sciences IJOCAAS, 2(1), 11-18.

Al-Yasiri, A., Ali, M., Ali, R., & Bekheet, H. (2020). Renewable Energy Sources in International Energy Markets: Reality and Prospects. International Journal of Innovation, Creativity and Change, 11(3), 376-393.

Bernanke, B. (2016). The relationship between stocks and oil prices. Ben Bernanke’s Blog on Brookings posted on February, 19(2016).

Das, D., Kumar, S. B., Tiwari, A. K., Shahbaz, M., & Hasim, H. M. (2018). On the relationship of gold, crude oil, stocks with financial stress: A causality-in-quantiles approach. Finance Research Letters, 27, 169-174.

Demirbas, A., Omar Al-Sasi, B., & Nizami, A.-S. (2017). Recent volatility in the price of crude oil. Energy Sources, Part B: Economics, Planning, and Policy, 12(5), 408-414.

El-Katiri, L. (2017). Oil and resilience: Changing energy dynamics and the smaller Gulf States. In The Political and Economic Challenges of Energy in the Middle East and North Africa (pp. 82-94): Routledge.

Ewing, B. T., Gormus, A., & Soytas, U. (2018). Risk Transmission from Oil and Natural Gas Futures to Emerging Market Mutual Funds. Emerging Markets Finance and Trade, 54(8), 1827-1836.

Fishelson, G. (2019). Economic cooperation in the Middle East: Routledge.

IEA, G. E. (2017). Outlook 2017. Two Million and Counting, International Energy Agency. IEA, S. (2017). International Energy Agency, 2016. In.

Leiby, P. N., Oladosu, G. A., Uria Martinez, R., & Johnson, M. (2019). 2018 Benefits Study of Emergency IEA Oil Stocks: Final CRADA Report. Retrieved from

Nicoletti, J., & You, F. (2020). Multiobjective economic and environmental optimization of global crude oil purchase and sale planning with noncooperative stakeholders. Applied Energy, 259, 114222.

Solano-Rodríguez, B., Pye, S., Li, P.-H., Ekins, P., Manzano, O., & Vogt-Schilb, A. (2019). Implications of climate targets on oil production and fiscal revenues in Latin America and the Caribbean. Retrieved from

Stocker, M., Baffes, J., Some, Y. M., Vorisek, D., & Wheeler, C. M. (2018). The 2014–16 oil price collapse in retrospect: sources and implications: The World Bank.

Uzo-Peters, A., Laniran, T., & Adenikinju, A. (2018). Brent prices and oil stock behaviors: evidence from Nigerian listed oil stocks. Financial Innovation, 4(1), 8.

Downloads

Published

30.09.2020

Issue

Vol. 24 No. 7 (2020): 24 (7) 2020

Section

Articles

License

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

You are free to:

  1. Share — copy and redistribute the material in any medium or format for any purpose, even commercially.
  2. Adapt — remix, transform, and build upon the material for any purpose, even commercially.
  3. The licensor cannot revoke these freedoms as long as you follow the license terms.

Under the following terms:

  1. Attribution — You must give appropriate credit , provide a link to the license, and indicate if changes were made . You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
  2. No additional restrictions — You may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.

Notices:

You do not have to comply with the license for elements of the material in the public domain or where your use is permitted by an applicable exception or limitation .

No warranties are given. The license may not give you all of the permissions necessary for your intended use. For example, other rights such as publicity, privacy, or moral rights may limit how you use the material.

How to Cite

Al-Yasiri, A. J., Ali, M. A., Ali, R. S., K, H. L., & Bekheet, H. N. (2020). Developments of Oil Stocks and their Impact on Oil Prices in the Global Energy Markets. International Journal of Psychosocial Rehabilitation, 24(7), 8885-8893. https://doi.org/10.61841/s7787e42