Do speculators drive crude oil prices? Dispersion in beliefs as a price determinant

Jochen Möbert

No 32e, Research Notes from Deutsche Bank Research

Abstract: This article discusses the influence of speculators in the futures market on crude oil prices. The results suggest the dispersion in beliefs influences both crude oil prices and price volatility.

Keywords: crude oil market; futures market; speculation (search for similar items in EconPapers)
JEL-codes: C51 G12 G18 Q41 (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:zbw:dbrrns:32e

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