期刊名称：International Journal of Energy Economics and Policy
电子版ISSN：2146-4553
出版年度：2019
卷号：9
期号：5
页码：148-156
DOI：10.32479/ijeep.8075
出版社：EconJournals
摘要：The objective of this study is to determine the impact of oil price fluctuations on the financial performance of banking sector in 8 oil producing and
exporting countries in Middle East region (Kingdom Saudi Arabia, United Arab Emirates, Qatar, Bahrein, Kuwait, Jordan, Oman, Iran) in the period
between January 2012 and December 2017. The results do not reveal the same impact of oil price fluctuations on the financial performance of banking
sector in each studied country. Asignificant direct impact of oil prices on the financial performance of banking sector has been found in Bahrein, Oman
and Iran. In Jordan, Kuwait, Qatar, Saudi Arabia and United Arab Emirates, the results do not reveal any direct impact of oil price fluctuations on the
financial performance of banking sector. The analysis also showed that the size of the economy in each country and its diversification in non-oil sectors
have a direct impact on the relationship between oil price fluctuations and financial performance of banking sector. The existence of well diversified
economy in non-oil sector reduces the direct impact of oil price fluctuations on the financial performance of banking sector.
