Title :
Summary of World Oil Price Forecasting Model
Author :
Tuo, Ji ; Yanbing, Sun
Author_Institution :
Pet. Eng. Manage., Northeast Pet. Univ., Da Qing, China
Abstract :
According to the sequence of time, this text reviews the estimate model of the petroleum price of the informal model, the theories model and simulation model. Among them, the informal estimate model of the petroleum price understands in brief and easily and influences the establishment of the policy, The theories model is a foundation that studies the problem, The simulation model can make use of the technique means to carry on predicting the price motion zone.
Keywords :
forecasting theory; petroleum industry; pricing; petroleum price; text reviews; world oil price forecasting model; Computational modeling; Exchange rates; Forecasting; Predictive models; Text mining; Forecasting model; Neural network; Petroleum price;
Conference_Titel :
Knowledge Acquisition and Modeling (KAM), 2011 Fourth International Symposium on
Conference_Location :
Sanya
Print_ISBN :
978-1-4577-1788-8
DOI :
10.1109/KAM.2011.94