This paper explores a range of different forecast methods for Brent oil prices and analyses their performance relative … across forecast horizons. To address this instability, we propose a forecast combination for predicting quarterly real Brent … generates forecasts whose performance is robust over time. The improvements in forecast accuracy and stability are noticeable in …

forecasts?Methods. To test the effects of forecast accuracy, we applied three evidence-based guidelines to 19 published … known important effects.Findings. Modifying the econometric models to make them more conservative reduced forecast errors … forecast with an equal-weights model forecast reduced error by 7%. (II) Combining forecasts from two Australian models and from …