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An analysis of the global fuel-trading market based on the visibility graph approach

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  • Hu, Jun
  • Zhang, Yujie
  • Wu, Peng
  • Li, Huijia

Abstract

Fuel is the cornerstone of a nation’s economy, and energy policy is a crucial part of national security. Therefore, it is very important to model and analyze the fuel trade. In this paper, a dynamic system by a visibility graph model is constructed to analyze time series data from the global fuel export trade. This paper analyses the fuel export trade of various countries, and the characteristics of fuel trade in different countries are identified by the visibility graph. According to the characteristics of the fuel export time series network, the examined countries are categorized, and the global fuel export market is divided into three groups. It has important guiding significance for understanding the global fuel market and formulating scientific fuel security policies.

Suggested Citation

  • Hu, Jun & Zhang, Yujie & Wu, Peng & Li, Huijia, 2022. "An analysis of the global fuel-trading market based on the visibility graph approach," Chaos, Solitons & Fractals, Elsevier, vol. 154(C).
    • Handle: RePEc:eee:chsofr:v:154:y:2022:i:c:s096007792100967x
    DOI: 10.1016/j.chaos.2021.111613
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