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Do speculators drive crude oil futures prices?

To read the full-text of this research, you can request a copy directly from the authors. The coincident rise in crude oil prices and increased number of financial participants in the crude oil futures market from 2000-2008 has led to allegations that "speculators" drive crude oil prices.

What is the current crude oil price?

Oil (WTI) Price Price; 1 Barrel ≈ 0,136 Tonnes of Crude Oil Oil (WTI) Price Per 1 Ton 542.06 USD 1 Barrel = 42 Gallons


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