Variables | Model 1: OP = Brent | Model 2: OP = WTI | ||
---|---|---|---|---|
Coefficient | p value | Coefficient | p value | |
OP+ | 0.019*** | 0.0095 | 0.027*** | 0.004 |
OP− | – 0.0018** | 0.016 | – 0.009** | 0.025 |
GDP | 0.186*** | 0.000 | 0.155*** | 0.001 |
NRE | 0.592*** | 0.000 | 0.609*** | 0.000 |
RE | – 0.036* | 0.068 | – 0.054* | 0.081 |