The Impact of Uncertainties on Crude Oil Prices: Based on a Quantile-on-Quantile Method
There has always been a complex relationship between uncertainty and crude oil prices.Three types of uncertainty, i.e., economic policy uncertainty, geopolitical risk uncertainty, and climate policy uncertainty (EPU, GPR, and CPU for short), have exacerbated abnormal fluctuations in the energy market, making crude oil prices volatile more and more