The effect of the financial sector on the evolution of oil prices: Analysis of the contribution of the futures market to the price discovery process in the WTI spot market

Energy Economics

Volumn 34, Issue 6, 2012, Pages 1799-1808

  Silvério, Renan ^a,b   Szklo, Alexandre ^a  

^a FEDERAL UNIVERSITY OF RIO DE JANEIRO   (Brazil)

^b PETROBRAS   (Brazil)

Author keywords

Futures markets; Oil prices; Price discovery; WTI

Indexed keywords

COINTEGRATION; CURRENT SUPPLIES; FINANCIAL MARKET; FINANCIAL SECTORS; FUTURES MARKET; KALMAN FILTER TECHNIQUE; OIL MARKET; OIL PRICES; PRICE DISCOVERY; SPOT MARKET; SPOT PRICE; TIME VARYING; WEST TEXAS INTERMEDIATES; WTI;

COSTS; ECONOMICS;

COMMERCE;

BENCHMARKING; COINTEGRATION ANALYSIS; COMMODITY MARKET; COMMODITY PRICE; EMPIRICAL ANALYSIS; FINANCIAL SYSTEM; KALMAN FILTER; OIL INDUSTRY;

TEXAS; UNITED STATES;

EID: 84867664936     PISSN: 01409883     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.eneco.2012.07.014     Document Type: Article

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