Crude oil pricing : the role of speculation in the futures market

This paper is intended to better understand the effects of speculation on crude oil prices. While speculation has many benefits such as increasing market liquidity and bearing market risks that other wish to offset, speculation can also create unwanted market volatility and economic bubbles. Durin...

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Bibliographic Details
Main Author: Yan, Michael Hall
Format: Others
Language:English
Published: 2012
Subjects:
Oil
Online Access:http://hdl.handle.net/2152/ETD-UT-2012-05-5584