Template-Type: ReDIF-Article 1.0 Author-Name: Peter J. W. N. Bird Title: Futures Trading and the European Oil Market Classification-JEL: F0 Pages: 149-155 Volume: Volume 8 Issue: Number 3 Year: 1987 Abstract: The subject of this paper is the behavior of daily gas oil futures prices on the London-based International Petroleum Exchange (IPE). It reports results consistent with the hypothesis that prices on the IPE follow a random walk. Handle: RePEc:aen:journl:1987v08-03-a08 File-URL: http://www.iaee.org/en/publications/ejarticle.aspx?id=1845 File-Format: text/html File-Restriction: Access to full text is restricted to IAEE members and subscribers.