The unparalleled surge of the crude oil price after 2003 has triggered a heated scientific and public debate about its … reason among academics. We study the price dynamics after 2003 in the global crude oil market using a structural VAR model … needs have played an important role for the run-up in the price of crude oil after 2003. We additionally and that emerging …

This study attempts to examine the price discovery process and volatility spillovers in Gold futures and spot markets … effective price discovery vehicle. Besides the study results show that the spillovers of certain information take place from …

We reconsider the issue of price discovery in spot and futures markets. We use a threshold error correction model to … modify the model to account for time-varying transaction costs. We find that the futures market leads in the process of price …

In this paper we investigate crude oil and products price dynamics. We present a comparison among ten price series of … crude oils and fourteen price series of petroleum products, considering four distinct market areas (Mediterranean, North … and product price dynamics using cointegration and error correction models. Subsequently we use the error correction …

This paper estimates the dynamic conditional correlations in the returns on WTI oil one-month forward prices, and one … daily data on WTI oil forward and futures prices, and their associated returns, from 3 January 1985 to 16 January 2004. At … relatively narrow, namely (0.832, 0.996). Thus, in general, the dynamic volatilities in the returns in the WTI oil forward and …

In the context of recent commodity price hikes, the financialisation of commodity derivative markets, reflected in the …, cotton, soft red winter and hard red winter wheat and WTI and Brent crude oil the effect of both types of financial investors … strategies. Overall, our results support the hypothesis of financialisation of commodity derivative markets. …

The main purpose of this paper is to evaluate the effect of crude oil price on global fertilizer prices in both the …, including GARCH, EGARCH, and GJR models, are used to investigate the relationship between crude oil price and six global … price while the volatility of global fertilizer prices and crude oil price from March to December 2008 are higher than in …

Although there is much interest in the future retail price of gasoline among consumers, industry analysts, and … policymakers, it is widely believed that changes in the price of gasoline are essentially unforecastable given publicly available … information. We explore several new forecasting approaches for the U.S. retail price of gasoline and compare their accuracy with …