Machine Learning

there are two major factors affecting the supply and demand for oil The first is the amount of oil that is produced The second is the demand for oil 1) Oil production is rising in the United States and Canada The United States is currently producing about 18.6 million barrels of oil per day https://www.eia.gov/tools/faqs/faq.php?id=268&t=6 Production in the United States has grown rapidly in recent years due to the unconventional oil boom called shale oil. The increase in production has led to a glut of oil The oil glut has caused a massive decline in oil prices since the summer of 2014 The price of West Texas Intermediate crude oil has dropped from $107 per barrel in June 2014 to $47 per barrel in March 2015 . Today the price of crude oil has been affect by m1 money supply increases in 2020 or in other terms inflation https://www.macrotrends.net/1369/crude-oil-price-history-chart 2) Demand is dropping in the United States and China The United States is currently consuming about 19.8 million