Forecasting Crude Oil Demand Using a Hybrid SVR and Markov Approach
نویسندگان
چکیده
Crude oil plays an increasingly significant role in world economic development and also in the generation of wealth since nearly two-thirds of the world’s energy consumption comes from crude oil and natural gas. Worldwide consumption of crude oil exceeds $500 billion—roughly 10% of US GDP and crude oil is also the world’s largest and most actively traded commodity, accounting for about 10% of total world trade (Yu et al. 2008). World aBStract
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