Prices and volatilities of oil markets in 2020: Back to Bachelier

R Galeeeva, EI Ronn - Available at SSRN 3696081, 2020 - papers.ssrn.com
Financial markets face occasional shocks, which may come from geopolitical, economic,
financial or other sources. In this paper, we consider the reaction of financial markets to the …

Understanding Oil Price Movement: Short versus Long Run Using the Leapfrog Model

Y Bonaparte, FJ Fabozzi… - The Journal of Alternative …, 2022 - jai.pm-research.com
This article studies oil price movement accounting for the time horizon of the pricing model.
Historical data demonstrate that the price of oil jumps from one state (condition) to another …