The objective of this article is to identify the indicators to monitor so that global crude oil market (supply, price) can be forecasted better.
Section 1 : Major factors influencing Crude oil price
1 . List the major factors influencing crude oil price
2 . List the risks to monitor in the short term
3 . List the risks to monitor in the long term
Section 2 : Predictors of crude oil price
1 . List the predictors (indicators), their influence and timing which help predict crude oil price
Section 3 : Current Crude oil price
1 . Give the current crude oil price and the date to which it relates
2 . Give the reference sources including online sources where the current crude oil price can be ascertained.
Section 4 : Forecast on Crude oil market
1 . Enumerate the latest forecast by reputed sources on the crude oil prices for the near term and long term and the critical factors to monitor the validity of the assumptions.