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Stochastic Modeling And Analysis Of Energy Commodity Spot Price Processes, Olusegun Michael Otunuga
Stochastic Modeling And Analysis Of Energy Commodity Spot Price Processes, Olusegun Michael Otunuga
USF Tampa Graduate Theses and Dissertations
Supply and demand in the World oil market are balanced through responses to price movement with considerable complexity in the evolution of underlying supply-demand
expectation process. In order to be able to understand the price balancing process, it is important to know the economic forces and the behavior of energy commodity spot price processes. The relationship between the different energy sources and its utility together with uncertainty also play a role in many important energy issues.
The qualitative and quantitative behavior of energy commodities in which the trend in price of one commodity coincides with the trend in price of …