Does Speculation Impact What Factors Determine Oil Futures Prices?

6 Pages Posted: 14 Jun 2016

See all articles by Fabian Gogolin

Fabian Gogolin

Queen's Management School

Fearghal Kearney

Queen's Management School

Date Written: May 11, 2016

Abstract

Recent studies provide contradictory evidence about the impact of speculation on commodity prices. Rather than directly evaluating this relationship we instead use a novel approach to assess if speculation can inform our choice of factor inclusion in modelling oil futures.

Keywords: Oil futures; Speculation; Fundamentals; Statistical factors

JEL Classification: G10, G13, G15

Suggested Citation

Gogolin, Fabian and Kearney, Fearghal Joseph, Does Speculation Impact What Factors Determine Oil Futures Prices? (May 11, 2016). Economics Letters, Vol. 144, 2016, Available at SSRN: https://ssrn.com/abstract=2794104

Fabian Gogolin

Queen's Management School ( email )

Ridel Hall
Belfast, BT9 5EE
Northern Ireland

Fearghal Joseph Kearney (Contact Author)

Queen's Management School ( email )

Riddel Hall
Belfast, Northern Ireland BT9 5EE
Northern Ireland

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
84
Abstract Views
453
rank
356,168
PlumX Metrics