mnperic / forecasting-crude-oil-price

Using machine learning to predict and forecast future crude oil price.

Forecasting Future Global Crude Oil Price

Using machine-learning/fbprophet to predict and forecast future crude oil price.

Overview

The premise of this project was to analyse past global crude oil prices and create a machine-learning model to forecast future market outlooks.

To conduct this, historical crude oil price data was obtained for the 2000-2020 period, and future prices were forecasted from 2020-2025.

Visualisation

Model

Forecast