Investigating the Impact of Agricultural, Financial, Economic, and Political Factors on Oil Forward Prices and Volatility: A SHAP Analysis

Accurately forecasting crude oil prices is crucial due to its vital role in the industrial economy. In this study, we explored the multifaceted impact of various financial, economic, and political factors on the forecasting of crude oil forward prices and volatility. We used various machine learning...

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Bibliographic Details
Main Authors: Hyeon-Seok Kim, Hui-Sang Kim, Sun-Yong Choi
Format: Article
Language:English
Published: MDPI AG 2024-02-01
Series:Energies
Subjects:
Online Access:https://www.mdpi.com/1996-1073/17/5/1001