Oil market financialisation and Russian Government budget hedging

Market financialisation radically changes the process of oil pricing and results in increase of price volatility. Normal contango situation in financial markets is favorable for government risk hedging. Optimal hedging strategy depends on derivatives’ market conditions, but the recommended contract...

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Bibliographic Details
Main Authors: V. V. Bushuev, I. V. Bushuev, D. P. Zamyatina
Format: Article
Language:Russian
Published: Real Economics Publishing House 2018-02-01
Series: Strategičeskie Rešeniâ i Risk-Menedžment
Subjects:
Online Access:https://www.jsdrm.ru/jour/article/view/728