Brent prices and oil stock behaviors: evidence from Nigerian listed oil stocks


Uzo-Peters A., Laniran T., Adenikinju A.

FINANCIAL INNOVATION, vol.4, no.1, 2017 (Journal Indexed in SSCI) identifier identifier

  • Publication Type: Article / Article
  • Volume: 4 Issue: 1
  • Publication Date: 2017
  • Doi Number: 10.1186/s40854-018-0092-2
  • Title of Journal : FINANCIAL INNOVATION

Abstract

Given the shale oil glut that culminated in the most recent and continuing oil price drop from June 2014 and the global financial crisis of 2008 that triggered a cyclical downturn in oil prices and stock market activity, this study investigates the impact of Brent oil price shocks on oil related stocks in Nigeria.