The Science and Information (SAI) Organization
  • Home
  • About Us
  • Journals
  • Conferences
  • Contact Us

Publication Links

  • IJACSA
  • Author Guidelines
  • Publication Policies
  • Metadata Harvesting (OAI2)
  • Digital Archiving Policy
  • Promote your Publication

IJACSA

  • About the Journal
  • Call for Papers
  • Author Guidelines
  • Fees/ APC
  • Submit your Paper
  • Current Issue
  • Archives
  • Indexing
  • Editors
  • Reviewers
  • Apply as a Reviewer

IJARAI

  • About the Journal
  • Archives
  • Indexing & Archiving

Special Issues

  • Home
  • Archives
  • Proposals
  • Guest Editors

Future of Information and Communication Conference (FICC)

  • Home
  • Call for Papers
  • Submit your Paper/Poster
  • Register
  • Venue
  • Contact

Computing Conference

  • Home
  • Call for Papers
  • Submit your Paper/Poster
  • Register
  • Venue
  • Contact

Intelligent Systems Conference (IntelliSys)

  • Home
  • Call for Papers
  • Submit your Paper/Poster
  • Register
  • Venue
  • Contact

Future Technologies Conference (FTC)

  • Home
  • Call for Papers
  • Submit your Paper/Poster
  • Register
  • Venue
  • Contact
  • Home
  • Call for Papers
  • Guidelines
  • Fees
  • Submit your Paper
  • Current Issue
  • Archives
  • Indexing
  • Editors
  • Reviewers
  • Subscribe

Article Details

Copyright Statement: This is an open access article licensed under a Creative Commons Attribution 4.0 International License, which permits unrestricted use, distribution, and reproduction in any medium, even commercially as long as the original work is properly cited.

Prediction of Crude Oil Prices using Hybrid Guided Best-So-Far Honey Bees Algorithm-Neural Networks

Author 1: Nasser Tairan
Author 2: Habib Shah
Author 3: Aliya Aleryani

Download PDF

Digital Object Identifier (DOI) : 10.14569/IJACSA.2019.0100540

Article Published in International Journal of Advanced Computer Science and Applications(IJACSA), Volume 10 Issue 5, 2019.

  • Abstract and Keywords
  • How to Cite this Article
  • {} BibTeX Source

Abstract: The objective of this paper is the use of new hybrid meta-heuristic method called Guided Best-So-Far Honey Bees Inspired Algorithm with Artificial Neural Network (ANN) on the Prediction of Crude Oil Prices of Kingdom of Saudi Arabia (KSA). Very high volatility of crude oil prices is one of the main hurdles for the economic development; therefore, it’s the need of the hour to predict crude oil prices, especially for oil-rich countries such as KSA. Hence, in this paper, we are proposing a hybrid algorithm, named: Guided Best-So-Far Artificial Bee Colony (GBABC) algorithm. The proposed algorithm has been trained and tested with ANN for finding the optimal weight values to increase the exploration and exploitation process with balance quantities to obtain the accurate prediction of crude oil prices. The KSA crude oil prices of the five years 2013 to 2017 have been used to train ANN with different topologies and learning parameters of the proposed method for the prediction of the crude oil prices of the next day. The simulation results have been very promising and encouraging of the proposed algorithm when compared and analyzed with ABC, GABC (Gbest Guided ABC) and Best-So-Far ABC methods for prediction purpose. In most cases, the actual prices and predicted crude oil KSA prices are very close, which were obtained by the proposed GBABC method based on the optimal weight values of ANN and minimum prediction error.

Keywords: Bio inspired; best so far; crude oil prices; KSA

Nasser Tairan, Habib Shah and Aliya Aleryani, “Prediction of Crude Oil Prices using Hybrid Guided Best-So-Far Honey Bees Algorithm-Neural Networks” International Journal of Advanced Computer Science and Applications(IJACSA), 10(5), 2019. http://dx.doi.org/10.14569/IJACSA.2019.0100540

@article{Tairan2019,
title = {Prediction of Crude Oil Prices using Hybrid Guided Best-So-Far Honey Bees Algorithm-Neural Networks},
journal = {International Journal of Advanced Computer Science and Applications},
doi = {10.14569/IJACSA.2019.0100540},
url = {http://dx.doi.org/10.14569/IJACSA.2019.0100540},
year = {2019},
publisher = {The Science and Information Organization},
volume = {10},
number = {5},
author = {Nasser Tairan and Habib Shah and Aliya Aleryani}
}


IJACSA

Upcoming Conferences

Future of Information and Communication Conference (FICC) 2023

2-3 March 2023

  • Virtual

Computing Conference 2023

22-23 June 2023

  • London, United Kingdom

IntelliSys 2023

7-8 September 2023

  • Amsterdam, The Netherlands

Future Technologies Conference (FTC) 2023

2-3 November 2023

  • San Francisco, United States
The Science and Information (SAI) Organization
BACK TO TOP

Computer Science Journal

  • About the Journal
  • Call for Papers
  • Submit Paper
  • Indexing

Our Conferences

  • Computing Conference
  • Intelligent Systems Conference
  • Future Technologies Conference
  • Communication Conference

Help & Support

  • Contact Us
  • About Us
  • Terms and Conditions
  • Privacy Policy

© The Science and Information (SAI) Organization Limited. Registered in England and Wales. Company Number 8933205. All rights reserved. thesai.org