Does the price of crude oil respond to macroeconomic news?
نویسندگان
چکیده
منابع مشابه
Crude Oil Price Determinants
Based on monthly observations, I specify an econometric model capturing the driving forces behind the crude oil price series in recent years. A large set of covariates, such as supply and demand variables as well as futures market variables, is used to test the impact on the crude oil price. Current price movements are a result of scarce refining capacity and speculators betting on higher price...
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ژورنال
عنوان ژورنال: Journal of Futures Markets
سال: 2011
ISSN: 0270-7314
DOI: 10.1002/fut.20525