Table 1.

Descriptive statistics of all volatilities

Statistics	WTI	W-L	W-H	FPU	MPU
Mean	0.0126	0.0165	0.0094	0.1942	0.1085
Median	0.0041	0.0045	0.0039	0.0693	0.0419
Max	0.6113	0.6113	0.3549	1.9503	2.3168
Min	0.0000	0.0000	0.0000	0.0000	0.0000
Std. dev	0.0465	0.0607	0.0311	0.3048	0.2090
Skewness	10.3469	8.7656	9.9249	2.9209	6.2192
Kurtosis	119.7679	82.0930	106.2581	10.1558	54.2162
JB-stats	0.0000	0.0000	0.0000	0.0000	0.0000
N	247	109	138	247	247