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I examine the relative information roles among West Texas Intermediate spot crude price and four futures contracts (F1 through F4) with different maturities. Using a cointegrated system with a non-unitary cointegrating vector, I address price discovery by investigating which price is more...
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The study examines the vital connection between stock returns and oil price changes for oil exporting … on panel vector autoregression. The results of panel granger causality suggested that after oil price crash owing to … covid-19 pandemic, the interdependence between oil and stock price changes increased. Similar results were revealed by …
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