Ozdemir, Zeynel Abidin; Gokmenoglu, Korhan; Ekinci, Cagdas - In: Energy 59 (2013) C, pp. 29-37
This study investigates the degree of persistence in monthly Brent crude oil spot and futures prices (at one, two and three months to maturity). The main finding from the full sample shows that Brent crude oil spot, one, two and three months to maturity futures prices are characterized by a...