Analysis of the oil futures market
Résumé
The aim of this work was to gain some insight into the American crude oil
futures market using the means of multivariate data analysis. Using these
techniques, the first step was to find out if there is some identifiable behavior of
the crude oil price and to which fondamental market factors such behavior is
most related. Two models are developed, a descriptive mode! to explain the
time behavior of the crude oil futures price, and a forecasting model to predict
the price changes whithout calling on the speculative factors but using solely the
fundamental physical factors of the market.
Domaines
Economies et finances
Origine : Fichiers produits par l'(les) auteur(s)
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