From headlines to pipelines: Unpacking the impact of the Russia-Ukraine conflict through sentiment and topics

IF 7.4 2区经济学 Q1 BUSINESS, FINANCE Finance Research Letters Pub Date : 2025-03-11 DOI:10.1016/j.frl.2025.107136

Ernest N. Biktimirov, Moyosore J. Babalola

引用次数: 0

Abstract

This study examines the impact of the Russia-Ukraine conflict on oil markets by analyzing the sentiment and intensity of Russia-related discussions in business media. Using topic modeling, we identify 12 distinct topics of articles published in The Wall Street Journal during the 2014–2024 period and compute their sentiment and hype scores. The sentiment and hype of these topics exhibit varying relations with oil returns under different market conditions. Notably, the Global Economy and Oil topics show the strongest positive association with oil returns in both sentiment and hype, particularly during bullish oil markets.

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本研究通过分析商业媒体中与俄罗斯有关的讨论的情绪和强度，探讨俄乌冲突对石油市场的影响。通过主题建模，我们确定了 2014-2024 年期间《华尔街日报》上发表的 12 个不同的文章主题，并计算了它们的情绪和炒作得分。在不同的市场条件下，这些话题的情绪和炒作与石油收益率呈现出不同的关系。值得注意的是，"全球经济 "和 "石油 "这两个主题在情绪和炒作方面与石油收益率的正相关性最强，尤其是在石油市场看涨的时候。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Finance Research Letters BUSINESS, FINANCE-

CiteScore

11.10

自引率

14.40%

发文量

863

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