Dynamic Correlations Between Crude Oil Futures Prices
نویسندگان
چکیده
Whether Shanghai oil futures prices have altered the dominant role of global benchmarks remains unclear. By applying a time-varying copula model, we find that correlations between crude and Brent West Texas Intermediate (WTI) are low but time varying. The correlation WTI high stable. COVID-19 outbreak has increased strength interactions in different markets.
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ژورنال
عنوان ژورنال: Energy research letters
سال: 2022
ISSN: ['2652-6433', '2652-6514']
DOI: https://doi.org/10.46557/001c.30057