Detecting West Texas Intermediate (WTI) Prices’ Bubble Periods
Oil prices have had considerable surges and bursts since the first oil crisis of 1973. Until then its price was stable, with almost zero volatility. Since then, apart from the two oil crises of 1973 and 1978/9, oil prices had consecutive bubble episodes like the surges up to 2008 and 2014 and their...
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Format: | Article |
Language: | English |
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MDPI AG
2019-07-01
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Series: | Energies |
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Online Access: | https://www.mdpi.com/1996-1073/12/14/2649 |