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