How does geopolitical unrest and economic uncertainty. affect oil
The present study assesses the causality of geopolitical unrest and economic uncertainty towards oil production to be very bad to the economies of various states all over. The Geopolitical Risk (GPR), oil prices (OPs) and financial liquidity by means of wavelet analysis are affected immensely with such conditions that do not favor flow of business and realization of maximum profits. This paper will seek to analyses how these factors, namely geopolitical unrest and uncertainty in economies thoroughly affects oil at in various dimensions that will be highlighted in the later part of this paper.