The Pre and Post Effect of Covid-19 On India's Crude Oil Prices

Authors

  • Mrs. Ridhvika K Shetty Assistant Professor, Manel Srinivas Nayak Institute of Management, Bondel, Mangalore, Karnataka, India.
  • Mrs. Divya M Shetty Assistant Professor, Manel Srinivas Nayak Institute of Management, Bondel, Mangalore, Karnataka, India.

DOI:

https://doi.org/10.34047/JAMAR.2021.v03i01.004

Keywords:

Million barrels per day(MMbpd), COVID, crude oil OPEC, Average returns, risk, standard deviation, pandemic

Abstract

The Corona virus has wreaked havoc on global markets. It has had a negative impact and resulted in a significant drop in crude oil demand around the world. This is one of the major reasons for the world's oil prices plummeting by more than 50% in 2 weeks during the pandemic's outbreak. China, the United States, and India are the world's largest oil importers. The focus of this research is to understand the six months pre and post COVID impact on the crude oil prices and study their risk and return analysis using tools like Average return, Standard deviation.

Metrics

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Published

2021-06-15

How to Cite

K Shetty , M. R. ., & M Shetty, M. D. (2021). The Pre and Post Effect of Covid-19 On India’s Crude Oil Prices. Journal of Applied Management and Advanced Research, 3(1), 32–39. https://doi.org/10.34047/JAMAR.2021.v03i01.004