OOIR: Observatory of International Research

Papers

(The median citation count of Journal of Commodity Markets is 3. The table below lists those papers that are above that threshold based on CrossRef citation counts [max. 250 papers]. The publications cover those that have been published in the past four years, i.e., from 2022-01-01 to 2026-01-01.)

Article	Citations
The strategic allocation to style-integrated portfolios of commodity futures	60
Financial investors and cross-commodity markets integration	59
Carr and Wu’s (2020) framework in the oil ETF option market	50
The economic impact of daily volatility persistence on energy markets	47
Weathering market swings: Does climate risk matter for agricultural commodity price predictability?	44
Commodity momentum: A tale of countries and sectors	44
Microstructure and high-frequency price discovery in the soybean complex	42
Editorial Board	41
Managing the oil market under misinformation: A reasonable quest?	32
Coal price shock propagation through sectoral financial interconnectedness in China's stock market: Quantile coherency network modelling and shock decomposition analysis	31
Commodity prices under the threat of operational disruptions: Labor strikes at copper mines	31
Quantile dependencies and connectedness between stock and precious metals markets	30
Extremal dependence in Australian electricity markets	29
Revisiting the Silver Crisis	26
The oil industry chain under climate risk: Evidence from China's listed oil companies	24
The evolution of commodity market financialization: Implications for portfolio diversification	24
Assessing government expenditures multipliers under oil price swings	23
Editorial Board	23
Logistics competition between the U.S. and Brazil for soybean shipments to China: An optimized Monte Carlo simulation approach	22
The role of financial development in enhancing trades in environmental goods: International insights from 119 countries	20
Equilibrium and real options in the ethanol industry: Modeling and empirical evidence	20
Editorial Board	19
Gold risk premium estimation with machine learning methods	18
The impact of economic policy uncertainties on the volatility of European carbon market	18
Do oil market shocks affect financial distress? Evidence from firm-level global data	18

Impact of supply chain pressure on traditional energy and metal markets: A Wavelet-based Quantile-on-Quantile perspective	17
Did grain futures prices overreact to the Russia–Ukraine war due to herding?	16
The sensitivity of oil price shocks to preexisting market conditions: A GVAR analysis	16
Have the causal effects between equities, oil prices, and monetary policy changed over time?	16
Unveiling interconnectedness: Exploring higher-order moments among energy, precious metals, industrial metals, and agricultural commodities in the context of geopolitical risks and systemic stress	15
Psychological price barriers, El Niño, La Niña: New insights for the case of coffee	15
Interconnectedness and time-frequency spillover effects in crude oil, green finance and non-ferrous metal Markets: A high moments analysis	15
Are shocks in the stock markets driven by commodity markets? Evidence from Russia-Ukraine war	14
An R-vine copula analysis of non-ferrous metal futures with application in Value-at-Risk forecasting	14
Financialization of commodity markets ten years later	13
Editorial Board	13
Boring finance. Petroleum exploration and firm debt: Evidence from Norway	12
Short- and long-term forecasting of electricity prices using embedding of calendar information in neural networks	12
Editorial Board	11
Commodity market downturn: Systemic risk and spillovers during left tail events	11
Fourteen large commodity trading disasters: What happened and what can we learn?	11
Geopolitical risk and energy market tail risk forecasting: An explainable machine learning approach	11
Intrinsic decompositions in gold forecasting	10
Oil–gas price relationships on three continents: Disruptions and equilibria	10
The midstream amplifier: Risk spillovers in China's lithium supply chain from mining to batteries	10
Revisiting the pricing impact of commodity market spillovers on equity markets	10
The pass-through of macro variable to volatility co-movement among U.S. currency and commodity futures markets system	10
How far is too far for volatility transmission?	9
Time to get mature: Collateral, flexibility and the hedging horizon decision	9
Trading-hour and nontrading-hour volatility in crude oil and U.S. dollar markets and its implications for portfolio optimization	9
Policy uncertainty and volatility spillovers in European electricity markets: Implications for market dynamics and innovation	9
Intraday volatility transmission in global energy markets: A Bayesian nonparametric approach	9
Systemwide directional connectedness from Crude Oil to sovereign credit risk	8
Causality in the aluminum market	8
A quantitative model of sustainability risk in finance	8
The asymmetric effect of G7 stock market volatility on predicting oil price volatility: Evidence from quantile autoregression model	7
Time-to-maturity and commodity futures return volatility: The role of time-varying asymmetric information	7
Forecasting the price of oil: A cautionary note	7
Assessing the impact of tax systems on investment incentives in future marine minerals projects on the Norwegian Continental Shelf	7
Modelling the evolution of wind and solar power infeed forecasts	7
When Chinese mania meets global frenzy: Commodity price bubbles	7
Commodity markets intervention: Consequences of speculation, and informed trading	7
Does safe haven exist? Tail risks of commodity markets during COVID-19 pandemic	7
Four Commitments of Traders Reports puzzles, revisited: Answers from grains and oilseeds futures markets	7
Forecasting volatility in commodity markets with long-memory models	7
Predicting commodity returns: Time series vs. cross sectional prediction models	7
The role of higher moments in predicting China's oil futures volatility: Evidence from machine learning models	7
A comparative study of factor models for different periods of the electricity spot price market	7
World regional natural gas prices: Convergence, divergence or what? New evidence	7
Rational destabilization in commodity markets	6
Does public information facilitate price consensus? Characterizing USDA announcement effects using realized volatility	6
Idiosyncratic information spillover and connectedness network between the electricity and carbon markets in Europe	6
Energy price uncertainty and sectoral tail risk: Evidence from quantile-on-quantile connectedness	6
Editorial Board	6
Oil price volatility and corporate cash holding	6

Hedging with futures during nonconvergence in commodity markets	6
Commodity futures hedge ratios: A meta-analysis	5
Performance of systemic stress in agricultural commodities and its implication for volatility prediction in SSA equities	5
Connectedness between green bonds, clean energy markets and carbon quota prices: Time and frequency dynamics	5
Expected returns on commodity ETFs and their underlying assets	5
USDA reports affect the stock market, too	5
How good are weather shocks for identifying energy elasticities? A LASSO-IV approach to European natural gas demand	5
The role of news sentiment in salmon price prediction using deep learning	5
Dynamic and asymmetric connectedness in the global “Carbon-Energy-Stock” system under shocks from exogenous events	5
Understanding the variance of earnings growth: The case of shipping	5
Interactive effects of economic, geopolitical, and climate risks on commodity volatility	5
Bubbles in US gasoline prices: Assessing the role of hurricanes and anti–price gouging laws	5
How are climate risk shocks connected to agricultural markets?	4
The relative pricing of WTI and Brent crude oil futures: Expectations or risk premia?	4
Editorial Board	4
Blessings or curse: How do media climate change concerns affect commodity tail risk spillovers?	4
Seasonal variation in the impact of solar power generation on electricity price level and variability	4
Editorial Board	4
Evolution of the information transmission between Chinese and international oil markets: A quantile-based framework	4
An analysis of the fuel price policy dilemma in Brazil	4
Mine offtake contracting, strategic alliances and the equity market	4
Warehouse load-out queues and aluminum prices	4
Quantile spillovers and connectedness between oil shocks and stock markets of the largest oil producers and consumers	4
Common factors and the dynamics of cereal prices. A forecasting perspective	4
Theory of storage implications in the European natural gas market	4
Oil jump tail risk as a driver of inflation dynamics	3
Hedging shipping freight rates using conditional Value-at-Risk and Buffered Probability of Exceedance	3
How financial markets respond to climate policy uncertainty: A dynamic resilience analysis	3
The dynamics of energy transition metals under climate policy uncertainty	3
Quantifying impacts of competition and demand on the risk for fertilizer plant locations	3
Editorial Board	3
Diversification benefits of commodities in portfolio allocation: A dynamic factor copula approach	3
Jumps and jolts: A continuous-time model for electricity future contract pricing	3
Corporate commodity exposure: A multi-country longitudinal study	3
Speculation or actual demand? The return spillover effect between stock and commodity markets	3
Option pricing revisited: The role of price volatility and dynamics	3
Editorial Board	3
Editorial Board	3
Seasonality patterns in LNG shipping spot and time charter freight rates	3
How does carbon market interact with energy and sectoral stocks? Evidence from risk spillover and wavelet coherence	3
Carbon pricing and the commodity risk premium	3
Profit margin hedging in the New Zealand dairy farming industry	3
The Fortune and crash of common risk factors in Chinese commodity markets	3
Does commodity price uncertainty matter for the cost of credit? Evidence from developing and advanced economies	3