# Use the data below on WTI, Brent, heating oil and RBOB gasoline in any combination and back-test

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## Question:

- Use the data below on WTI, Brent, heating oil and RBOB gasoline in any combination and back-test them against jet fuel to determine the best correlation.
**Will have to try a multiple regression to see if using two variables or more make it more efficient. Basis risk and the weights of each variable will come into play here.****For example:**

Determine the correlation between the following:

1. WTI vs Jet fuel

2. Brent vs Jet fuel

3. Heating oil vs Jet fuel

4. RBOB Gasoline vs Jet fuel (briefly)

And then back-test them to find the best correlation.

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