Research Article
A Lead-Lag Relationship and Forecast Research between China’s Crude Oil Futures and Spot Markets
Table 3
Actual and forecast price (USD per barrel) in different frequencies without night trading (February, 2020–May, 2020).
| Date | Actual | Forecast 15 | Forecast 30 | Forecast 60 |
| 2020.4.1 | 26.43 | 28.88 | 28.69 | 28.36 | 2020.4.2 | 27.6 | 29.58 | 29.51 | 30.03 | 2020.4.3 | 30.92 | 29.48 | 29.63 | 29.47 | 2020.4.7 | 34.34 | 33.29 | 32.82 | 33.87 | 2020.4.8 | 32.92 | 34.63 | 34.35 | 34.16 | 2020.4.9 | 35.58 | 34.52 | 34.32 | 35.20 | 2020.4.13 | 34.98 | 34.98 | 34.49 | 34.77 | 2020.4.14 | 36.15 | 34.05 | 33.53 | 34.56 | 2020.4.15 | 31.97 | 34.87 | 34.42 | 35.09 | 2020.4.16 | 30.51 | 30.70 | 30.38 | 31.08 | 2020.4.17 | 30.35 | 28.99 | 28.44 | 28.99 | 2020.4.20 | 29.47 | 29.04 | 28.55 | 29.59 | 2020.4.21 | 25.42 | 27.71 | 27.45 | 28.21 | 2020.4.22 | 19.64 | 22.68 | 22.32 | 22.62 | 2020.4.23 | 23.6 | 21.76 | 21.61 | 23.09 | 2020.4.24 | 22.31 | 24.46 | 24.53 | 24.39 | 2020.4.27 | 21.46 | 21.31 | 20.95 | 20.73 | 2020.4.28 | 19.75 | 20.57 | 20.26 | 21.08 | 2020.4.29 | 20.58 | 21.40 | 21.31 | 22.38 | 2020.4.30 | 24.38 | 22.55 | 22.53 | 22.97 |
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