This paper studies the predictability of the Brent crude oil price. In accordance with previous literature, we find that the simple no-change forecast works better than forecasts based on futures prices over short-term horizons (less than one year).…
This paper examines the relationship between spot and futures prices in the Indian commodity market for the period 2009 to 2020. The ARDL bounds-testing technique is used to explore the long-run relationship between these two prices. A vector error…
With the proposal of the new development pattern of "dual circulation", the connection between China and the international market is even closer. As crude oil is one of the commodities which has been financialized deeply, the active international…