What will be the spot price per barrel for West Texas Intermediate (WTI) crude oil on 28 March 2024?
Closed Mar 28, 2024 07:01AM UTC
Oil prices have slipped from highs in the autumn of 2023, but potential OPEC actions and other factors present upside risks (Yahoo). The question will be suspended on 27 March 2024 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 April 2024 (FRED). On 20 November 2023, the spot price for WTI was $78.10.
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The question closed "Between $75.00 and $85.00, inclusive" with a closing date of 28 March 2024.
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| Possible Answer | Correct? | Final Crowd Forecast |
|---|---|---|
| Less than $55.00 | 0% | |
| Between $55.00 and $65.00, inclusive | 0% | |
| More than $65.00 but less than $75.00 | 1% | |
| Between $75.00 and $85.00, inclusive | 90% | |
| More than $85.00 but less than $95.00 | 8% | |
| Between $95.00 and $105.00, inclusive | 1% | |
| More than $105.00 but less than $115.00 | 0% | |
| $115.00 or more | 0% |
Crowd Forecast Profile
| Participation Level | |
|---|---|
| Number of Forecasters | 65 |
| Average for questions older than 6 months: 187 | |
| Number of Forecasts | 356 |
| Average for questions older than 6 months: 542 | |
| Accuracy | |
|---|---|
| Participants in this question vs. all forecasters | average |
