Sustainable Markets Dynamics Under Crude Oil Volatility in the United States


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OLASEHINDE WILLIAMS G. O., Akadiri S. S.

Energy Research Letters, cilt.7, sa.1, 2026 (Scopus)

Özet

This study investigates the interplay between crude oil volatility and sustainable markets in the United States from January 3, 2012, to May 2, 2024, through transfer entropy and DCC-GARCH-based dynamic connectedness techniques. Overall, results show that crude oil volatility significantly influences sustainable markets. Transfer entropy results suggest that crude oil volatility is valuable for forecasting sustainable market dynamics, and DCC-GARCH analysis reveals dynamic risk spillovers, especially during key geopolitical and economic events, emphasizing the need to consider oil volatility in sustainable market decisions.