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Forecasting the Crude Oil Prices and their Effects: A Numerical Approach

Publication Type : Journal Article

Publisher : International Journal of Pure and Applied Mathematics.

Source : International Journal of Pure and Applied Mathematics , Volume 119, Number 10, p.607-615 (2018)

Url : https://acadpubl.eu/jsi/2018-119-10/articles/10a/54.pdf

Campus : Kochi

School : School of Arts and Sciences

Department : Mathematics

Verified : Yes

Year : 2018

Abstract : Crude oil, one of the world’s incredibly salient fuel is a price determinant for various commodities in the present scenario. It has effects on the economic growth and stability, foreign currency and import and export rates. Forecasting crude oil prices are beneficial for the companies, policy makers of the government and even for the individuals. Considering all these, researchers have been using diverse methods to study fluctuations in crude oil prices. In this paper, we put forward a numerical approach - forecasting using extrapolation by collecting a large set of available market data of crude oil prices in the Indian context

Cite this Research Publication : A. Varghese, Keerthana, A., and Anjaly Anand, “Forecasting the Crude Oil Prices and their Effects: A Numerical Approach”, International Journal of Pure and Applied Mathematics , vol. 119, pp. 607-615 , 2018.

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