Forecasting Accuracy of Crude Oil Futures Prices /

This paper undertakes an investigation into the efficiency of the crude oil futures market and the forecasting accuracy of futures prices. Efficiency of the market is analysed in terms of the expected excess returns to speculation in the futures market. Accuracy of futures prices is compared with th...

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Bibliographic Details
Main Author: Kumar, Manmohan
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1991.
Series:IMF Working Papers; Working Paper ; No. 1991/093
Online Access:Full text available on IMF