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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Autor principal: Kumar, Manmohan
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 1991.
Col·lecció:IMF Working Papers; Working Paper ; No. 1991/093
Accés en línia:Full text available on IMF