The term structures of oil futures prices
In recent years, there has been a massive development of derivative financial products in oil markets. The main interest came from large energy end-users who found in them a welcome opportunity to lock in fixed or maximum prices for their supplies over a period of time. Oil companies and oil traders...
Main Author: | Gabillon, J |
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Format: | Working paper |
Language: | English |
Published: |
Oxford Institute for Energy Studies
1991
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