Evidence map›Paper›PMID 33614586›Full record

ArticleFrontiers in public health

COVID-19 Deaths Cases Impact on Oil Prices: Probable Scenarios on Saudi Arabia Economy.

Abdelmageed Algamdi, Said Khalfa Mokhtar Brika, Adam Musa, Khalil Chergui

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In one paragraph

Article in Frontiers in public health. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 6 papers.

0numbers the graph read from it
0cells of the map it votes in
6citing papers in PubMed
–field-weighted citation impact
1 · What the graph read from it

What it found

Each row is one number read from the abstract, on the scale the paper reported it, with its interval. Left of the dashed line favours the treatment, right favours the comparator. Under each row is the sentence it came from. New to these charts? A ten-minute tutorial.

The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.

2 · The registry

The trial behind it

Trials whose registry record cites this paper, or whose number appears in the abstract. A trial that started after this paper was published is citing it as background, not reporting it.

Neither the registry nor the abstract names a trial number. If this is a trial report, that itself is worth knowing.

3 · Its place in the literature

Who cites it

6 citing papers in PubMed.

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4 · The record

Corrections and comments

PubMed lists nothing against this paper. Absence here is not a guarantee, only a check that was made.

5 · Who and what money

Authors and funding

4 authors.

Abdelmageed AlgamdiDepartment of Computer and Information Systems, Community College, University of Bisha, Bisha, Saudi Arabia.
Said Khalfa Mokhtar BrikaDepartment of Administrative Sciences, Community College, University of Bisha, Bisha, Saudi Arabia.
Adam MusaDepartment of Administrative Sciences, Community College, University of Bisha, Bisha, Saudi Arabia.
Khalil CherguiDepartment of Management Sciences, Faculty of Economics, University of Oum El Bouaghi, Oum El Bouaghi, Algeria.

Funding

No grant is acknowledged in the PubMed record.

6 · The paper itself

Abstract

The purpose of this paper is to discuss death cases on the World, exacerbated investor fears, uncertainties, and increased volatility of crude oil prices in financial markets. The reaction absorbed the epidemic gradually until January 22. Still, the market situation changed soon with a sharp drop in prices, and prices slowly recovered after that until June 14. The data of this research using an econometric model, the ARDL (Autoregressive Distributed Lag), according to the Gets methodology, using daily data, January 22 -June 14, 2020. Our ARDL shows, the death ratio has a significant negative effect on oil price dynamics. However, the death ratio has an indirect impact on volatility in Crude Oil prices. The findings show that the death toll of COVID-19 has a significant impact on oil prices in Saudi Arabia (KSA). However, the preliminary results mainly influence by the situation reported in the USA. When we assess the case outside the USA, and we see the positive effect of the COVID-19 death figures on oil prices, therefore, stress the amplification of death-related risks to the financial market and the real economy, caused by increased, policy-induced economic uncertainty in the United States.

Indexed as

Models, EconometricCOVID-19HumansPetroleumSaudi ArabiaUncertaintyPetroleumARDLCOVID-19epidemicoil pricesSaudi Arabia (KSA)

Identifiers

PMID33614586
PMCPMC7890200

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Registered trials

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Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.