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ATTEMPTING AN IN-DEPTH STUDY OF THE GLOBAL CONSUMPTION OF CRUDE OIL AND ENERGY SECTOR USING LINEAR REGRESSION TO DEVELOP A CALIBRATING FRAMEWORK AND ANALYTICS MODEL OF CRUDE OIL PRICES

Tripti Panchal

76-85

Vol. 4, Issue 1, Jul-Dec, 2016

Date of Submission: 2016-08-19 Date of Acceptance: 2016-09-13 Date of Publication: 2016-09-20

Abstract

The Indian economy keeps on appearing financial development. The nation's real gross residential item (GDP) developed at a noteworthy rate of 9.1 percent amid the primary portion of financial 2006 (April – September 2006), subsequent to developing by 8.7 percent in fiscal 2005. Together with the nation's amazing development, India has additionally turned into a huge shopper of vitality assets. As indicated by EIA gauges, India was the fifth biggest purchaser of vitality on the planet amid 2006

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