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Study of Random Walk Models for Crude Oil Prices STUDY OF RANDOM WALK MODELS FOR CRUDE OIL PRICES Suhag Patel, Zeel Parikh DAIICT, Gandhinagar [email protected] [email protected] Supervisor Prof. Mukesh Tiwari Prof. Alka Parikh Abstract – In this report we attempt to model the crude oil prices for a period of 15 years ranging from 1990 – 2015..