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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Bibliographic Details
Main Author: Theodosios Perifanis
Format: Article
Language:English
Published: MDPI AG 2019-07-01
Series:Energies
Subjects:
WTI
Online Access:https://www.mdpi.com/1996-1073/12/14/2649