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  • Price Forecasting and Cash Planning
    Our Success Story

Project Overview

  • The need was to understand how oil prices have varied in the past with respect to Production
  • Use that data to build a price forecasting solution based on forecasted production.
  • The forecast production comes from a different function and was an input to the scope of this work.

About The Client

A global Fortune 500 Oil & Energy giant.

Case Survey

An analysis was required on the basis of some historic data where price has varied with respect to production.

Our Solution

A statistical analysis and modeling project were taken up for the client to identify the critical factors influencing prices

Based on that knowledge, build a forecasting solution

Test, implement and monitor the performance of the forecasts

Business Benefits Delivered

  • Better cash flow

  • Better business planning

  • Better competitive pricing

Technology Stack

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