Forecasting for an oil company would involve:

Question

Quizplus · Accepted Answer

Forecasting for an oil company involves both short-term and long-term predictions. Short-term forecasts might focus on immediate market prices, supply and demand dynamics, or geopolitical events affecting oil flow. Long-term forecasts could involve predicting future energy trends, technological advancements, regulatory changes, and broader economic factors that could impact the oil industry over years or decades.

Forecasting for an Oil Company Would Involve