الأزمة المالية و تقلبات أسعار النفط العالمية للفترة 2000-2018

الملخص EN

This study aims to determine the causal relationship between the financial crises and the international oil prices for the period 2000-2018.

We found that there is a short and long causal relationship between the financial crises and the oil price, and 31% of the changes in the price of oil are explained by the financial crises.

We also found, Any shock in oil prices leads to a positive change in the DJIA index and a negative change in the NASDAQ index in the long term.