The mass and energy-capital conservation equations have been used at the beginning of 2013 to forecast the monthly oil price up to December 2013. The approach of the interest rates has employed an interest rate equal to the arithmetic average between the prime and the discount rates. The present short communication comments the comparison between the forecast made during the middle of the 2013 and the real oil prices, as registered today, at the beginning of 2014.
Gori, F. (2014). Remarks on the paper “Mass and energy-capital conservation equations to Forecast monthly oil price”. APPLIED THERMAL ENGINEERING, 68, 59-61 [10.1016/j.applthermaleng.2014.03.069].
Remarks on the paper “Mass and energy-capital conservation equations to Forecast monthly oil price”
GORI, FABIO
2014-01-01
Abstract
The mass and energy-capital conservation equations have been used at the beginning of 2013 to forecast the monthly oil price up to December 2013. The approach of the interest rates has employed an interest rate equal to the arithmetic average between the prime and the discount rates. The present short communication comments the comparison between the forecast made during the middle of the 2013 and the real oil prices, as registered today, at the beginning of 2014.| File | Dimensione | Formato | |
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