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Trading Oil Futures
University of Gävle, Department of Technology and Built Environment.
2008 (English)Independent thesis Basic level (degree of Bachelor), 10 points / 15 hpStudent thesis
Abstract [en]

Oil is an important energy source and a necessary industrial raw material. Every country’s economic growth and the daily life of its people are dependent on this energy form.

Historically, the oil prices have varied significantly on the world market. This led to at least two oil crises when prices increased in a very fast pace. In order to reduce such rapid fluctuations, oil was introduced at so called commodity exchanges. At such trading places oil could be traded openly for future delivery and hence the market was aware of price changes in advance. A commodity exchange sells special contracts in the form of so called “futures”. In fact there are many different contracts, each exchange has its own set of them covering for a number of different oil types. This thesis deals with these contracts and how they are traded.

Place, publisher, year, edition, pages
2008. , p. 40
Keyword [en]
Commodity, Trading, Crude oil, Futures
National Category
Production Engineering, Human Work Science and Ergonomics
Identifiers
URN: urn:nbn:se:hig:diva-629Archive number: TEX070416OAI: oai:DiVA.org:hig-629DiVA, id: diva2:120207
Uppsok
teknik
Supervisors
Examiners
Available from: 2008-06-23 Created: 2008-06-23

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CiteExportLink to record
Permanent link

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Citation style
  • apa
  • harvard-cite-them-right
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • sv-SE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • de-DE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf