Driesprong, G.

0.01 1973-11 market price effect return result series 0.00 country t-value stock service oil prices financials market resources strategy table oil effect world market index industrials cyc.cons.goods world 1988-01 -0.08 oil strategy sample regression -0.04 stock returns -0.05 light brent sector information 1988-07 predictability report month percent level change january effect market timing ability industry oil price changes index -0.02 equation indices cyc.cons.good 2003-04 1988-08 -0.07 -0.11 industrial 1973-10 financial january cyc.cons.gd -0.09 1993-01 utility period percent -0.01 future -0.13 resource -0.03 netherland dubai 0.54 west texas october level stock markets halloween effect -0.10 0.02 crude timing finance