Modeling the COVID-19 incorporating oil futures

The COVID-19 pandemic necessitated the production of mathematical models that were able to explain and thoroughly study various aspects and features of the pandemic. In this work, we provide a well-stated mathematical model to explain and simulate the evolution of the COVID-19 pandemic. To test our model’s performance and validity, we utilize actual surveillance data from the pandemic, capturing the results of this empirical investigation. According to the results, our model is valid, since all estimates are statistically significant, and the coefficient explains the evolution of the pandemic.