What will be the spot price per barrel for West Texas Intermediate (WTI) crude oil on 29 December 2023?
Closed Dec 29, 2023 08:01AM UTC
Gasoline prices in the US reached 10-month highs in August 2023 as oil prices rise (CNN, The Hill). The question will be suspended on 28 December 2023 and the outcome determined using the spot price per barrel per the US Energy Information Administration (EIA) as reported by the Federal Reserve Economic Data (FRED) database, expected in January 2024 (FRED).
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The question closed "More than $70.00 but less than $80.00" with a closing date of 29 December 2023.
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| Possible Answer | Correct? | Final Crowd Forecast |
|---|---|---|
| Less than $60.00 | 0% | |
| Between $60.00 and $70.00, inclusive | 5% | |
| More than $70.00 but less than $80.00 | 90% | |
| Between $80.00 and $90.00, inclusive | 5% | |
| More than $90.00 but less than $100.00 | 0% | |
| Between $100.00 and $110.00, inclusive | 0% | |
| More than $110.00 | 0% |
Crowd Forecast Profile
| Participation Level | |
|---|---|
| Number of Forecasters | 66 |
| Average for questions older than 6 months: 187 | |
| Number of Forecasts | 600 |
| Average for questions older than 6 months: 541 | |
| Accuracy | |
|---|---|
| Participants in this question vs. all forecasters | better than average |
