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What is GANNATS Model for Oil Demand Forecasting about?

This paper presents the GANNATS model, a hybrid artificial intelligence approach for forecasting crude oil demand in Saudi Arabia and China, utilizing variables such as GDP, population, and oil prices. The model demonstrates that while crude oil demand will continue to rise in both countries, growth is expected to decline due to factors like increased energy efficiency and a shift towards renewable energy sources. The study emphasizes the importance of variable selection and feature engineering in enhancing

Author

Tayeb

Language

EN