Research Article

The Catastrophe Analysis of Shanghai Crude Oil Futures Price from the Perspective of Volatility Factors

Table 1

Influencing factors of Shanghai crude oil futures price changes.

Dependent variableMain typeInfluencing factors

Shanghai crude oil futures pricesCommodity attributesCrude oil supply X1
Apparent crude oil consumption X2
Crude oil processing volume X3
Financial attributesTrading volume X4
Open interest X5
RMB exchange rate X6
Oman crude oil prices X7
Producer price index X8
Macroeconomic sentiment index X9