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


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.