The Contrarian: Finance, Accounting, and Business Research
Vol. 1 No. 2 (2022)

The influence of the crude oil and the gold on energy sector returns

Ekleysia Gracela Tanod (Sam Ratulangi University)
Florencia Arum Sari Pontoh (Sam Ratulangi University)
Gabril Tuyu (Sam Ratulangi University)
Halldila Marianne (Sam Ratulangi University)

Article Info

Publish Date
16 Feb 2023

Abstract

Oil and gold are the most essential commodities in the business world. During the Covid-19 pandemic, the price of gold tended to be stable and the price of crude oil, on the other hand, tended to increase. The objective of this study is to analyze the effect of crude oil returns and gold returns on the returns of firms especially in the energy sector during 8 June 2020 to 4 June 2021. This study finds that only crude oil returns significantly and positively impact the returns of the firms in the energy sector.

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Journal Info
The Contrarian: Finance, Accounting, and Business Research
Website

Abbrev

cfabr

Publisher

Yayasan Widyantara Nawasena Raharja

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

Description

The Contrarian: Finance, Accounting, and Business Research (CFABR) is a double peer-reviewed journal published by the Yayasan Widyantara Nawasena Raharja. The Contrarian: Finance, Accounting, and Business Research (CFABR) will publish the articles bi-annually. The article submitted to The ...