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Abstract Energy production and consumption have an important place in the world. Due to the increase in demand, it reveals the result of the valuation of the companies in this sector. The main purpose of this study is to analyze the relationship between brent oil prices in the world and the index prices of energy companies, which are among the world's most important and top 10 companies. The research covers the period between January 2011 and July 2022. The time series was created by considering the data in the selected time period on a monthly basis. Co-integration analysis was applied to the series and the relationship between the variables was tried to be determined. Short-term relationships were examined by applying the VAR model. At this stage, causality was carried out with Granger causality analysis. As a result of the analysis, it was concluded that brent oil prices, which were formed as a result of events in the world, had an effect on the index prices of two important energy companies, Exxon Mobile and Gazprom. In other words, there is a causal relationship between these variables.  This bilateral causality relationship between Brent oil prices and Exxon Mobile is realized unilaterally with the other two energy companies.  In short, there is a Granger causality relationship between these variables. Downloads Download data is not yet available. Downloads FULL TEXT Published 2023-01-22 How to Cite Huseynli, N. (2023). Causality between Selected Energy Companies’ Price Indexes and Barel Oil Prices. International Journal of Energy Economics and Policy, 13(1), 235–240. https://doi.org/10.32479/ijeep.13579 More Citation Formats ACM ACS APA ABNT Chicago Harvard IEEE MLA Turabian Vancouver Download Citation Endnote/Zotero/Mendeley (RIS) BibTeX Issue Vol. 13 No. 1 (2023) Section Articles License Submission of an article implies that the work described has not been published previously , that it is not under consideration for publication elsewhere, that its publication is approved by all authors and tacitly or explicitly by the responsible authorities where the work was carried out, and that, if accepted, will not be published elsewhere in the same form, without the written consent of the Publisher. The Editors reserve the right to edit or otherwise alter all contributions, but authors will receive proofs for approval before publication. Most read articles by the same author(s) Teymur Sarkhanov, Nigar Huseynli, Econometric Analysis of Renewable Energy Consumption and Economic Growth: The Case of Kazakhstan and Kyrgyzstan , International Journal of Energy Economics and Policy: Vol. 12 No. 6 (2022) Nigar Huseynli, Impact of Revenues from Oil and Non-Oil Sectors on the Economic Growth of Azerbaijan , International Journal of Energy Economics and Policy: Vol. 12 No. 5 (2022) Nigar Huseynli, Effect of Renewable Energy and Traditional Energy Production on Economic Growth: The Case of Turkey and Azerbaijan , International Journal of Energy Economics and Policy: Vol. 12 No. 3 (2022) Nigar Huseynli, Econometric Analysis of the Relationships Between Growth, Exports and Energy Exports in Azerbaijan , International Journal of Energy Economics and Policy: Vol. 12 No. 2 (2022) Bahman Huseynli, Nigar Huseynli, Econometric Analysis of the Relationship between Renewable Energy Production, Traditional Energy Production and Unemployment: The Case of Azerbaijan , International Journal of Energy Economics and Policy: Vol. 12 No. 4 (2022) Nigar Huseynli, Bahman Huseynli, The Relationship between the Stock Price and the Energy Index: A Research on the Energy Company with the Highest Brand Value in Turkey , International Journal of Energy Economics and Policy: Vol. 12 No. 6 (2022) Nigar Huseynli, Analyzing the Relationship between Oil Prices and Gold Prices before and after COVID-19 , International Journal of Energy Economics and Policy: Vol. 13 No. 2 (2023) Nigar Huseynli, BIST Tourism and BIST Electricity Index Relationship , International Journal of Energy Economics and Policy: Vol. 13 No. 3 (2023) Make a Submission Make a Submission Dergi Kapağı

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