| Analysis | 24 April 2012 |
The Financialization of Oil Markets: Potential Impacts and Evidence
Oxford Institute for Energy Studies
The financialization of oil futures markets has been held responsible for a variety of phenomena including changes in price volatility, increased co-movement between oil futures prices and other financial asset and commodity prices, a breakdown of the statistical relationship between oil inventories and the price of oil, and an increased influence of the decisions of financial investors such as swap dealers, hedge funds and commodity index traders on the oil futures price.
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