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Macro factors in oil futures returns

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Academic year: 2021

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Figure

Figure 1 – NYMEX WTI crude oil monthly prices (upper graph) and returns (lower
Table 1 – Descriptive statistics for monthly crude oil returns (1993:12-2010:3)
Table 2 – Static factors selection results
Table 4 – OLS results for regression of the oil futures returns on selected factors
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