1. Thus, swings in the price of petroleum may exercise direct and indirect effects on stock prices through their effects on cash flows and discount rates, respectively;Cashin;Jones and Kaul,1983
2. More recent studies investigate the impact of the COVID-19 outbreak on the nexus between petroleum prices and equity markets (Hung and Vo;Hassan ; Yousaf;Belhassine and Karamti,2009
3. Oil Price Shocks and the Stock Market: Evidence from Japan;A Abhyankar;The Energy Journal,2013
4. Oil price shocks and transportation firm asset prices;R Aggarwal;Energy Economics,2012