[HTML][HTML] Evolving roles of energy futures markets: A Survey

A Kim, D Ryu, RI Webb - Borsa Istanbul Review, 2024 - Elsevier
Energy markets are important in global trade and economic stability, and energy futures play
a critical role in energy market dynamics. This study reviews: i) the important role energy …

Higher-order moment risk spillovers and optimal portfolio strategies in global oil markets

J Cui, MM Alshater, W Mensi - Resources Policy, 2023 - Elsevier
Investigating the dynamic interdependencies and risk connectedness in global oil markets is
paramount for investors and regulatory bodies. Nevertheless, prevailing research has …

Linear and non-linear Granger causality between oil spot and futures prices: A wavelet based test

M Alzahrani, M Masih, O Al-Titi - Journal of International Money and …, 2014 - Elsevier
This study is the first attempt to investigate both the linear and non-linear Granger causality
between wavelet transformed spot and futures oil prices. Our findings consistently indicate …

Revisiting the relationship between spot and futures oil prices: evidence from quantile cointegrating regression

CC Lee, JH Zeng - Energy economics, 2011 - Elsevier
Since most real decisions depend upon current market states or whether it is advantageous
to the participants themselves, this paper revisits the relationship between spot and futures …

Price discovery in China's crude oil futures markets: An emerging Asian benchmark?

Z Yu, J Yang, RI Webb - Journal of Futures Markets, 2023 - Wiley Online Library
We examine the price discovery performance of China's crude oil futures traded on the
Shanghai International Energy Exchange (INE) for the spot prices of 19 types of deliverable …

Oil volatility and the option value of waiting: An analysis of the G‐7

D Bredin, J Elder, S Fountas - Journal of Futures Markets, 2011 - Wiley Online Library
There has recently been considerable interest in the potential adverse effects associated
with excessive uncertainty in energy futures markets. Theoretical models of investment …

Toward energy finance market transition: Does China's oil futures shake up global spots market?

X Dai, L Xiao, MC Li, Q Wang - Frontiers of Engineering Management, 2022 - Springer
China is breaking through the petrodollar system, establishing RMB-dominating crude oil
futures market. The country is achieving a milestone in its transition to energy finance market …

The relationship between spot and futures oil prices: Do structural breaks matter?

PF Chen, CC Lee, JH Zeng - Energy Economics, 2014 - Elsevier
This paper examines the effect of structural breaks on the spot–futures oil prices
relationship. We explore the impact of structural breaks on four critical issues, including …

The effects of investor attention on commodity futures markets

L Han, Z Li, L Yin - Journal of Futures Markets, 2017 - Wiley Online Library
This study utilizes the search volume for key terms on Google as a direct and timely proxy for
investor attention in order to examine how attention impacts commodity futures prices, We …

Pricing efficiency and arbitrage in the bitcoin spot and futures markets

S Lee, N El Meslmani, LN Switzer - Research in International Business and …, 2020 - Elsevier
This study examines the pricing efficiency for the leading cryptocurrency, Bitcoin using spot
prices and all CBOE and CME futures contracts traded from January 2018 to March 2019 …