This article scrutinizes the relationship between the U.S. crude oil and natural gas prices. The relationship exhibits regime changes, which depend on technological, economic and geopolitical factors. We find that crude oil and natural gas prices decouple over two periods of about three years...

In this paper, we examine the relationship between crude oil and natural gas prices. Using smooth transition regression modelling approach, we find that both the long-run and short-run relationships between oil and gas prices are more aptly modelled by simultaneous structural breaks and...

Recent research has focused on the prevailing relationship between crude oil and natural gas prices. Nowadays, it is well acknowledged that crude oil prices often drive natural gas prices. However, their relationship is unstable over time so that it exhibits regime changes. As a result, crude...

This study introduces a novel approach to predicting global oil demand by integrating machine learning (ML) techniques to forecast consumption across seven refined oil products and seven key regions. By aggregating these forecasts, we offer a comprehensive view of global demand trends. The paper...