The Russia-Saudi Arabia oil price war during the COVID-19 pandemic

Ruchuan, Richie; Xiong, Tao; Bao, Yukun

doi:10.1016/j.eneco.2021.105517

Cited by 60 publications

(22 citation statements)

References 36 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…The impact of COVID-19 is enormous. Major countries worldwide suspended work and limited production in response to the effects of the epidemic, causing plummeting global crude oil demand and pessimistic market sentiment [ 66 , 67 ]. Meanwhile, the quantitative easing policies of major economies led to a sharp drop in international oil prices.…”

Section: Resultsmentioning

confidence: 99%

Can Major Public Health Emergencies Affect Changes in International Oil Prices?

Cheng

Chen

Guo-gang

et al. 2021

IJERPH

View full text Add to dashboard Cite

In order to deepen the understanding of the impact of major public health emergencies on the oil market and to enhance the risk response capability, this study analyzed the logical relationship between major public health emergencies and international oil price changes, identified the change points, and calculated the probability of abrupt changes to international oil prices. Based on monthly data during six major public health emergencies from 2009 to 2020, this study built a product partition model. The results show that only the influenza A (H1N1) and COVID-19 pandemics were significant reasons for abrupt changes in international oil prices. Furthermore, the wild poliovirus epidemic, the Ebola epidemic, the Zika epidemic, and the Ebola epidemic in the Democratic Republic of the Congo had limited effects. Overall, the outbreak of a Public Health Emergency of International Concern (PHEIC) in major global economies has a more pronounced impact on international oil prices.

show abstract

Section: Resultsmentioning

confidence: 99%

Can Major Public Health Emergencies Affect Changes in International Oil Prices?

Cheng

Chen

Guo-gang

et al. 2021

IJERPH

View full text Add to dashboard Cite

show abstract

“…where ρ denotes the bulk density (g/cm 3 ) and m and V indicate the mass (g) and volume (mL) of the sample, respectively. The masses of all test samples in this study were 10 g.…”

Section: Bulk Density Testmentioning

confidence: 99%

“…Uncertainties in terms of epidemics, wars, and antiglobalization trades have increased in recent decades, leading to extensive investigations on energy security worldwide. − As a conventional fossil fuel, coal is expected to remain the primary source of energy in China in the coming decades. − To ensure energy security, the Chinese government has proposed increasing the deployable coal storage from 100 to 200 million tons . For coal storage, silos are widely used in power plants, ports, and other places owing to the advantages of environmental protection, high space utilization rate, and convenient transportation. − However, the closed environment of silos results in a heat storage condition that could lead to the low-temperature oxidation (LTO) of coal, which increases the risk of spontaneous combustion of silo coal. − Therefore, the characteristics of the LTO and spontaneous combustion of silo coal should be investigated for ensuring the safety of silos.…”

Section: Introductionmentioning

confidence: 99%

Effect of Coal Dust Content on the Low-temperature Oxidation of Silo Coal

et al. 2022

View full text Add to dashboard Cite

Coal's low-temperature oxidation (LTO) poses a significant threat to the safety of storing coal in silos. This study investigates the impact of coal dust content on the LTO characteristics of silo coal samples. The results indicate that the larger the coal dust content the higher the oxygen (O 2 ) consumption rate and carbon monoxide (CO) generation rate and the stronger the LTO capacity. To clear the mechanism of the impact, the thermal physical characteristics were studied and thermogravimetric and differential thermal analysis (TG-DTA) experiments were performed on various coal samples. The results show that, first, with the increase of coal dust content, the thermal conductivity of the silo coal samples initially increased and then decreased, whereas the thermal diffusion and heat capacity decreased and increased linearly, respectively. This indicates that the heat storage capacity of the silo coal sample is enhanced with the increase of the coal dust content. Second, the maximum oxygen absorption rate and differential thermal reduction value of the coal samples increased linearly with the decrease in their particle size; this result verifies that decreasing the particle size of silo coal can advance its LTO process. The study findings indicate that the risk of LTO and spontaneous combustion of silo coal can be effectively reduced by controlling the coal dust content (fine coal particles).

show abstract

“…Firstly, this, to the authors' knowledge, is the first research to quantitatively measure the impact of the Russia-Ukraine war on oil prices. By focusing on the Russia-Ukraine war, this study contributed to the scant research on the influence of war/terrorism (see Blomberg et al, 2009;Kollias et al, 2013;Ma et al, 2021;Ruiz Estrada et al, 2020;Wang & Sun, 2017) on oil prices. Secondly, this study contributed to the extensive literature on the drivers of oil prices.…”

Section: Introductionmentioning

confidence: 99%

Russia–Ukraine War and US Oil Prices

Appiah-Otoo

2022

Energy RESEARCH LETTERS

View full text Add to dashboard Cite

This study analysed the influence of the ongoing Russia–Ukraine war on US oil prices. The quantile regression estimates revealed that the war increased oil prices. The wavelet coherence analysis also revealed that the war played a key role in oil prices. The study suggested policies that reduced oil prices, such as transition towards renewable energy sources and the provision of government incentives, to minimize the impact of the war.

show abstract

The Russia-Saudi Arabia oil price war during the COVID-19 pandemic

Cited by 60 publications

References 36 publications

Can Major Public Health Emergencies Affect Changes in International Oil Prices?

Can Major Public Health Emergencies Affect Changes in International Oil Prices?

Effect of Coal Dust Content on the Low-temperature Oxidation of Silo Coal

Russia–Ukraine War and US Oil Prices

Contact Info

Product

Resources

About