Speculative trading and WTI crude oil futures price movement: An empirical analysis

作者: Yue-Jun Zhang

DOI: 10.1016/J.APENERGY.2013.02.060

关键词: West Texas IntermediatePrice returnSpeculationFinancial economicsOil-storage tradeEconomicsEconometricsVolatility (finance)Oil priceFutures contractHedge fund

摘要: … of speculators’ positions on WTI crude oil futures returns. The results indicate that, … WTI crude oil price of nearby month contracts for its representative role in the NYMEX crude oil futures …

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