Covid-19 and the energy trade: Evidence from tanker trade routes

We employ a cointegration setup to explore route-specific off-equilibrium deviations related to Covid-19 that have affected clean (petroleum products) and dirty (crude oil) tanker freight rates, over and above the expected macroeconomic reactions. We find that the additional deviation caused by Covi...

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Bibliographic Details
Main Authors: Nektarios A. Michail, Konstantinos D. Melas
Format: Article
Language:English
Published: Elsevier 2022-06-01
Series:Asian Journal of Shipping and Logistics
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2092521221000754