Context
The crude oil price movements are subject to diverse influencing factors. This dataset was retrieved from the U.S. Energy Information Administration: Europe Brent Spot Price FOB (Dollars per Barrel)
Content
The aim of this dataset and work is to predict future Crude Oil Prices based on the historical data available in the dataset.
The data contains daily Brent oil prices from 17th of May 1987 until the 13th of November 2022.
Acknowledgements
Dataset is available on U.S. Energy Information Administration: Europe Brent Spot Price FOB (Dollars per Barrel) which is updated on weekly bases.
Inspiration
The vast competition in the Data Science field and the availability of the new Prophet method made it easier to predict future prices, that is what you may find when predicting the oil prices with this dataset.