Mensi, Walid; Hammoudeh, Shawkat; Nguyen, Duc Khuong; … - In: Energy Economics 43 (2014) C, pp. 225-243
examines the impacts of three types of OPEC news announcements on the volatility spillovers and persistence in these markets … evidence of significant linkages between these energy and cereal markets. Moreover, the OPEC news announcements are found to … volatility decreases (increases) for the crude oil and heating oil (gasoline) returns after accounting for the OPEC announcements …