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IJSTR >> Volume 5 - Issue 6, June 2016 Edition



International Journal of Scientific & Technology Research  
International Journal of Scientific & Technology Research

Website: http://www.ijstr.org

ISSN 2277-8616



Using Computer Techniques To Predict OPEC Oil Prices For Period 2000 To 2015 By Time-Series Methods

[Full Text]

 

AUTHOR(S)

Mohammad Esmail Ahmad, Ali Jalal Hussian, Monem A. Mohammed

 

KEYWORDS

Fluctuations in oil prices, prediction, Time-Series Forecasting, computer techniques, Holt Winter, Exponential Smoothing, Analyzing Techniques, Stationary, information technology.

 

ABSTRACT

The instability in the world (and OPEC) oil process results from many factors through a long time. The problems can be summarized as that the oil exports don’t constitute a large share of N.I. only, but it also makes up most of the saving of the oil states. The oil prices affect their market through the interaction of supply and demand forces of oil. The research hypothesis states that the movement of oil prices caused shocks, crises, and economic problems. These shocks happen due to changes in oil prices need to make a prediction within the framework of economic planning in a short run period in order to avoid shocks through using computer techniques by time series models.

 

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5.2 Electronic Websites:
[20] www.marketoracle.co.uk

[21] www.opec.org

[22] www.otexts.org/fpp/7/5