Rumor, information and the crude oil price

被引：0

作者：

Liao, HC ^{[1
]}

机构：

[1] Tamkang Univ, Dept Econ, Tamsui, Taiwan

来源：

NEW EQUILIBRIA IN THE ENERGY MARKETS: THE ROLE OF NEW REGIONS AND AREAS - VOL 2, CONFERENCE PROCEEDINGS | 1999年

关键词：

D O I：

暂无

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

By comparing the daily WTI spot price and the daily crude oil market related price, this paper try to figure out the impact of rumors and some market information. Several influential news are extracted and categorized as six types, which are WAR, MERGE, OPEC, API, AGA and OTHERS. The OLS regression and multinomial legit analysis are applied here. The outcome shows that the impacts of most above variables on the oil price change are quite significant. It is believed that such an evidence can bring some theoretical supports for improving current world oil pricing formulas.

引用

页码：145 / 152

页数：8

共 6 条

[1]

[Anonymous], 1993, Oil Markets and Prices: The Brent Market and the Formation of World Oil Prices

[2] FUTURES TRADING, INFORMATION AND SPOT PRICE VOLATILITY - EVIDENCE FOR THE FTSE-100 STOCK INDEX FUTURES CONTRACT USING GARCH [J].