The dynamics of crude oil price differentials
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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Crude oil pricing is commonly expressed as a formula referenced to Brent or WTI crude oil. The final price of these two qualities and the spread between WTI and Brent can drive the decision when the purchase of a crude oil cargo is evaluated. A crude oil price-forecasting model is presented. It is based on past data, inventory level and volatility index and it is derived with a neuro fuzzy infe...
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ژورنال
عنوان ژورنال: Energy Economics
سال: 2010
ISSN: 0140-9883
DOI: 10.1016/j.eneco.2009.06.007