The Impact of the Global Stock Market on the Russian Oil and Gas Sector before and during the Pandemic

  • Elena N. Egorova Central Economics and Mathematics Institute of Russian Academy of Sciences
  • Maria S. Vigrianova Central Economics and Mathematics Institute of Russian Academy of Sciences
DOI: https://doi.org/10.24412/2713-2242-2021-4-1-13
Keywords: Stock Markets, Global Stock Indexes, Stock Indicators, RTS Index, Global Oil Sector, Russian Oil and Gas Companies, Statistical Dependence, Pandemic, Statistical Analysis, PJSC LUKOIL, NK Rosneft, PJSC Gazprom

Abstract

Тhe statistical dependencies of the RTS stock indicators and the oil and gas sector of the Russian stock market on the dynamics of the indicators of the global stock market and its oil and gas sector are studied. The experimental calculations were carried out and the main factors influencing the dynamics of this market in 2006-2019 (before the pandemic) and in 2020-2021 (during the pandemic) were identified. Calculations were carried out both on the dynamics of the RTS index and on the stock quotes of the largest companies of PJSC LUKOIL, NK Rosneft and PJSC Gazprom.

Date of sending the article to the editor: 2021-09-01.

Date of acceptance of the article for publication: 2021-10-31.

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Author Biographies

Elena N. Egorova, Central Economics and Mathematics Institute of Russian Academy of Sciences

PhD, leading researcher

Address:  47, Nakhimovsky prospect, Moscow, 117418, Russia

E-mail: el-nik-egor@mail.ru

Scopus Author ID 7101668595 

RINC ID 705927

ORCID ID 0000-0002-7097-0825

Maria S. Vigrianova, Central Economics and Mathematics Institute of Russian Academy of Sciences

researcher, Central Economics and Mathematics Institute of Russian Academy of Sciences (CEMI RAS)

Address:  47, Nakhimovsky prospect, Moscow, 117418, Russia

E-mail:  mousemv@gmail.com

RINC ID 773304  

ORCID ID 0000-0001-8585-7465

References

Перминов С.Б., Егорова Е.Н., Вигриянова М.С., Абрамов В.И. Макроэкономические ориентиры фондовых рынков стран БРИК / Препринт # WP/2013/300. — М.: ФГУН ЦЭМИ РАН, 2013. 59 с. ISBN 978-5-8211-0633-9.

Егорова Е.Н., Вигриянова М.С. Влияние секторов глобального рынка на фондовые рынки БРИК и Германии. — СПб.: LAP LAMBERT Academic Publishing RU, 2018. ISBN 978-613-9-88565-7.

Егорова Е.Н., Вигриянова М.С. Влияние секторов глобального фондового рынка на фондовые рынки России и Германии в 2018 – 2019 годах // Российский экономический интернет-журнал. 2019. № 4. http://www.e-rej.ru/Articles/2019/Egorova_Vigrianova.pdf

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Статистические исследования выполнялись с помощью пакетов Microsoft Excel и EViews. Источники данных: http://stats.oecd.org, http://www.imf.org, http://www.lifunggroup.com, http://www.gks.ru, http://www.cesifo-group.de, сайты соответствующих бирж и фондов.

Wooldridge Jeffrey M. Introductory Econometrics. A modern approach. Mason, Ohio: South-Western Cengage Learning, 2009.

Банников В.А. Векторные модели авторегрессии и коррекции регрессионных остатков (EViews) // Прикладная эконометрика. 2006. № 3.

Источники данных по индексам и котировкам:

РТС https://www.moex.com/ru/index/RTSI/archive#/from = 2021-10-16&till = 2021-11-15&sort = TRADEDATE&order = desc;

ПАО «ЛУКОЙЛ» https://www.investing.com/equities/lukoil_rts-historical-data;

НК «Роснефть» https://www.investing.com/equities/rosneft_rts;

ПАО «Газпром» https://www.investing.com/equities/gazprom_rts.

Источник информации: архив котировок USO

https://www.investing.com/etfs/united-states-oil-fund

Источник информации: архив котировок UNG

https://www.investing.com/etfs/us-natural-gas-fund

Rahman Aydın, İbrahim Halil Polat, Serhat Alpagut, Anıl Lögün. Cross-Country Analysis of the Impact of Covid-19 on Share Markets // Journal of Applied Economics and Business Research JAEBR, 11(2): р. 80-89 (2021)

Источник значений показателя «The Henry Hub pipeline»:

https://www.eia.gov/dnav/ng/hist/rngwhhdD.htm


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Published
2021-11-19
How to Cite
Egorova, E. N., & Vigrianova, M. S. (2021). The Impact of the Global Stock Market on the Russian Oil and Gas Sector before and during the Pandemic. In the Center of Economy, (4), 1-13. https://doi.org/10.24412/2713-2242-2021-4-1-13
Issue
No. 4 (2021): In the Center of Economy
Section
Innovations and investments

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