Shanghai crude oil futures: Flagship or burst?

This study examines the potential of Shanghai crude oil (SCO) futures as a benchmark in the Asian market. We investigate the market efficiency and long-term equilibrium of SCO futures in comparison with global benchmarks, such as West Texas Intermediate, Brent, and Dubai crude oil futures. Despite t...

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Bibliographic Details
Main Authors: Kyohun Joo, Minhyuk Jeong, Yongseok Seo, Jong Hwan Suh, Kwangwon Ahn
Format: Article
Language:English
Published: Elsevier 2021-11-01
Series:Energy Reports
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2352484721004637