CRUDE OIL PRICE FORECASTING TECHNIQUES IN THE WORLD MARKET

Muradov A., Hasanli Y., Hajiyev N.

6th International Conference on Control and Optimization with Industrial Applications (COIA), Baku, Azerbaijan, 11 - 13 July 2018, pp.279-281 identifier

  • Publication Type: Conference Paper / Full Text
  • City: Baku
  • Country: Azerbaijan
  • Page Numbers: pp.279-281
  • Azerbaijan State University of Economics (UNEC) Affiliated: Yes

Abstract

The existing forecasting methods is studied in the research by considering all these cases and forecasting of mean oil price in the world market for medium and long-term period with Trend, ARIMA, Holt, ARCH / GARCH models have been forecasted for the 2018-2020.