The Lead–Lag Relationship between Oil Futures and Spot Prices—A Literature Review

Crude oil is the dominant energy resource worldwide. The focus of this paper is on its historical behaviour and subsequent implications for the global economy with an emphasis on the lead⁻lag relationship between spot and future prices. The paper examines the behaviour of oil spot and futu...

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Bibliographic Details
Main Authors: Miroslava Zavadska, Lucía Morales, Joseph Coughlan
Format: Article
Language:English
Published: MDPI AG 2018-10-01
Series:International Journal of Financial Studies
Subjects:
Online Access:https://www.mdpi.com/2227-7072/6/4/89