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Table 5 Summary of results

From: How do supply or demand shocks affect the US oil market?

 

Market integration

Supply-driven

Demand-driven

Supply–demand-driven

Asymmetries

Linear effects

Heating oil diesel

Conventional gasoline

RBOB kerosene

Positive shocks

Kerosene

RBOB

 

Negative shocks

RBOB

Heating oil

Diesel

 

Conventional gasoline

Kerosene