Knowledge transfer

2020-04-28

KT Webinar: COVID-19 and negative oil prices: Does this mean oil is free now?

We have invited eminent international energy economist Prof. James L. Smith to share with us on the very timely topic and unprecedented phenomenon of negative oil prices. This talk gives an overview of what negative prices mean for the oil market, how we got to this point, and the roles played by COVID-19 and OPEC.

Presentation materialCOVID-19 and negative oil prices: Does this mean oil is free now?

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Track Record of the School of Accounting and Finance in Energy Economics and Sustainability

Fung, M. K. (2014), “Ocean carriers’ collusion under antitrust immunity: Evidence of asymmetric pass-through”, Review of Industrial Organization 45 (1): 59-77. (Link)

Lam, P. L. and Shiu, A. (2004), “Efficiency and Productivity of China’s Thermal Power Generation”, Review of Industrial Organization 24 (1): 73-93. (Link)

Lam, P. L. and Shiu, A. (2011), “Reform of China’s Energy and Telecommunications Sectors”, in Matthias Fingers and Rolf W. Kunneke (eds.), International Handbook of Network Industries – The Liberalization of Infrastructures, Edward Elgar Publishers.(Link)

Lam, P. L. and Shiu. A. (2001), “A Data Envelopment Analysis of the Efficiency of China’s Thermal Power Generation”, Utilities Policy 10 (2): 75-83. (Link)

Leung, G. C. K., Li, R., and Kuhn, M. (2013), “China’s new energy security: a swing of the pendulum”, in W. Leal Filho and V. Voudouris (eds.), Global Energy Policy and Security, Springer. (Link)

Leung, G. C. K., Li, R., and Low, M. (2011), “Transitions in China’s oil economy, 1990 – 2010”, Eurasian Geography and Economics 52 (4): 483-500. (Link)

Leung, G. C. K., Li, R., and Walls, W. D. (2012), “Transitions in the Chinese market for refined petroleum products”, OPEC Energy Review 36 (3): 349-373. (Link)

Li, R. (2010), “The evolution of the international steam coal market”, International Journal of Energy Sector Management 4 (4): 519-534. (Link)

Li, R. (2010), “The role of OPEC in the world oil market”, International Journal of Business and Economics 9 (1): 83-85. (Link)

Li, R. (2011), “Energy futures prices and the US exchange rate”, Australian Economic Papers, 50 (2-3): 62-73.(Link)

Li, R. (2012), “Imperfect competition in the international coal industry – does it matter?”,Economics Bulletin 32 (3): 1821-1830.(Link)

Li, R. and Leung, G. C. K. (2011), “The integration of China into the world crude oil market since 1998”, Energy Policy 39 (9): 5159-5166.(Link)

Li, R. and Leung, G. C. K. (2012), “Coal consumption and economic growth in China”, Energy Policy 40 (1): 438-443.(Link)

Li, R. and Leung, G. C. K. (2012), “Gasoline consumption in China: a dynamic panel data analysis”, Economics Bulletin 32 (3): 2375-2382.(Link)

Li, R., Joyeux, R., and Ripple, R. D. (2010), “International steam coal market integration”,Energy Journal 31 (3): 181-202.(Link)

Li, R., Joyeux, R., and Ripple, R. D. (2014), “International natural gas market integration”,Energy Journal 35 (4).(Link)

Shiu, A. and Lam, P. L. (2004), “Electricity Consumption and Economic Growth in China”,Energy Policy 32 (1): 47-54. (Link)

Wan, K. M. and Wong, K. F. (2009), “Economic impact of political barriers to cross-border acquisitions: An empirical study of CNOOC’s unsuccessful takeover of Unocal”, Journal ofCorporate Finance 15 (4): 447-468.(Link)

Woo, C. K., Li, R., Shiu, A., and Horowitz I. (2013), “Residential Winter kWh Responsiveness under Optional Time-varying Pricing in British Columbia”, Applied Energy 108 (August): 288-297.(Link)

Woo, C. K., Shiu, A., Cheng, Y. S., Li, R., Ho, T., Chen, J., Horowitz, I., and Wang, J. (2014), “Residential Willingness-to-Pay for Reducing Coal-Fired Generation’s Emissions in Hong Kong”, The Electricity Journal 27 (3): 50-66.(Link)

Woo, C. K., Shiu, A., Ho, T., Cheng, Y. S., Horowitz, I., and Wang, J. (2014), “Residential Outage Cost Estimation: Hong Kong”, Energy Policy 72 (September): 204-210.(Link)

Woo, C. K., Zarnikau, J., Horowitz, I., and Shiu, A. (2014), “Transparency of Retail Energy Pricing: Evidence from the U.S. Natural Gas Industry”, Managerial and Decision Economics35 (4): 300-308.(Link)

Lu, H. T. and Huang, H. (2008), “Dirty Industry Migration Globally and to China − An Empirical Study”, International Review of Business Research Papers 4 (2): 27-51.(Link)

Other useful links for energy and environment-related finance, economics, accounting and law