- 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.
A global Fortune 500 Oil & Energy giant.
An analysis was required on the basis of some historic data where price has varied with respect to production.
Better cash flow
Better business planning
Better competitive pricing