A SCIENTIFIC STUDY AT BASRA UNIVERSITY LOOKING FOR HEDGING BASRA OIL PRICES TO MANAGE THE RISKS OF MACROECONOMIC VOLATILITY:
A scientific study at Basra University prepared by the lecturer Naeem Sabah Jarrah at the College of Administration and Economics at the University of Basra examined the hedging Basra oil prices to manage the risks of macroeconomic volatility
The study showed that was published in the journal
Journal of Archaeology of EGYPE / Egyptology
And classified within Scopus containers that a study can be developed to forecast future oil prices in order to overcome the shocks that occur in the oil sector and affect the Iraqi economy.
The study included the formulation of a mathematical model through which researchers were able to predict the future.
The results of the study found the possibility of avoiding the fluctuations that occur in crude oil prices and their violent rebound on the Iraqi economy.