Speculation, futures prices, and the US real price of crude oil
نویسندگان
چکیده
منابع مشابه
Risk premia in crude oil futures prices
If commercial producers or financial investors use futures contracts to hedge against commodity price risk, the arbitrageurs who take the other side of the contracts may receive compensation for their assumption of nondiversifiable risk in the form of positive expected returns from their positions. We show that this interaction can produce an affine factor structure to commodity futures prices,...
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The price of Iranian crude oil in different markets depends on the price of US crude oil. In recent months, the oil and gas industry and the sale of Iranian crude oil and the co-operation and investments of oil companies operating in the field of oil field development have halted. Therefore, examining the effects of US government policies on the oil market is very effective. The most important ...
متن کاملImpact of US Energy Policy on Crude Oil Prices
The price of Iranian crude oil in different markets depends on the price of US crude oil. In recent months, the oil and gas industry and the sale of Iranian crude oil and the co-operation and investments of oil companies operating in the field of oil field development have halted. Therefore, examining the effects of US government policies on the oil market is very effective. The most important ...
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ژورنال
عنوان ژورنال: American Journal of Social and Management Sciences
سال: 2010
ISSN: 2156-1559
DOI: 10.5251/ajsms.2010.1.1.13.23