This paper analyses the impact of global economic activity and international crude oil prices on natural gas import prices in three major natural gas markets using the panel co-integration model. It also investigates the shock impacts of the volatility and the increase and decrease of oil prices...

This paper analyzes the evolution characteristics of the international natural gas trade structure and the integration of the international natural gas market by using complex network theory. It is found that both the LNG and pipeline gas import and export trade networks display scale-free...

We augment the HAR model with additional information channels to forecast realized volatility of WTI futures prices. These channels include stock markets, sentiment indices, commodity and FX markets, and text-based Google indices. We then apply four differing machine learning techniques to...

If commercial producers or financial investors use futures contracts to hedge against commodity price risk, the arbitrageurs who take the other side of the contracts may receive compensation for their assumption of nondiversifiable risk in the form of positive expected returns from their...

This year the oil industry celebrated its 155th birthday, continuing a rich history of booms, busts and dramatic technological changes. Many old hands in the oil patch may view recent developments as a continuation of the same old story, wondering if the high prices of the last decade will prove...