Do speculators drive crude oil prices? : dispersion in beliefs as a price determinant

Jochen Möbert

This article discusses the influence of speculators in the futures market on crude oil prices. The results suggest the dispersion in beliefs influences both crude oil prices and price volatility. -- Crude oil market ; futures market ; speculation

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Alternative title:	Dispersion in beliefs among speculators as a determinant of crude oil prices
Year of publication:	2009
Authors:	Möbert, Jochen
Publisher:	Frankfurt am Main : DB Research
Subject:	Erdölpreis \| Spekulation <Wirtschaft> \| Wirtschaftsentwicklung \| Preis

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Extent:	12 S. : graph. Darst.
Series:	Research notes / Deutsche Bank Research : working paper series. - Frankfurt am Main : Dt. Bank Research, ISSN 1610-1502. - Vol. 32
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nebent.: Dispersion in beliefs among speculators as a determinant of crude oil prices
Classification:	Wirtschaftsentwicklung, Wirtschaftsstruktur: Allgemeines
Source:	USB Köln Online Catalogue BWL

Persistent link: https://www.econbiz.de/10008687258