Crude oil (WTI), oil importing countries

WTI

Turkey

Jordan

Lebanon

Egypt

Mean (%)

8.052

8.866

5.022

3.958

1.236

Std. Dev (%)

4.74

10.65

5.28

6.03

9.52

Skewness

−0.9804

−0.340

−0.258

0.976

−0.261

Kurtosis

4.886

3.905

4.995

8.138

4.105

J.B

55.53

96.169

31.86

226.6

11.213

KPSS (C)

0.1289*

0.0504*

0.1011*

0.1289*

0.1573*

KPSS (C&T)

0.0504*

0.0904*

0.0806*

0.0504*

0.0635*

Oil exporting countries

Kuwait

Qatar

Saudi

Emirates

Bahrain

Oman

Mean (%)

8.442

12.759

8.686

7.560

1.646

6.315

Std. Dev (%)

5.484

8.088

8.13

14.211

5.046

5.827

Skewness

−0.8011

−0.4879

−1.036

−1.921

−3.081

−0.6751

Kurtosis

6.135

7.004

6.506

9.994

21.663

6.785

J.B

93.012

127.42

124.4

477.6

289.3

121.14

KPSS (C)

0.0919*

0.0778*

0.0606*

0.0474*

0.1264*

0.0457*

KPSS (C&T)

0.0687*

0.0456*

0.0594*

0.0463*

0.0808*

0.046*