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

Arbeitspapier

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.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Research Notes ; No. 32e

Classification and Topics

• Classification: Wirtschaft ; Model Construction and Estimation ; Asset Pricing; Trading Volume; Bond Interest Rates ; General Financial Markets: Government Policy and Regulation ; Energy: Demand and Supply; Prices
• Subject: crude oil market ; futures market ; speculation ; Ölpreis ; Volatilität ; Rohstoff-Futures ; Wertpapierspekulation ; Erwartungstheorie ; Schätzung ; USA

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Möbert, Jochen
• Event: Veröffentlichung
• (who): Deutsche Bank Research
• (where): Frankfurt a. M.
• (when): 2009

Further information

• Handle: http://hdl.handle.net/10419/40638
• Last update: 10.03.2025, 11:45 AM CET