What will be the spot price per barrel for West Texas Intermediate (WTI) crude oil on 31 March 2025?
Closed Mar 31, 2025 07:01AM (4 days ago)
Despite ongoing tensions and fighting on various fronts in the Middle East and Eastern Europe, oil prices have remained relatively stable in 2024 (MSN [Seeking Alpha], Yahoo Finance). The question will be suspended on 30 March 2025 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 2025 (FRED). On 18 November 2024, the spot price for WTI was $69.46.
Confused? Check our FAQ or ask us for help. To learn more about Good Judgment and Superforecasting, click here.
To learn more about how you can become a Superforecaster, see here. For other posts from our Insights blog, click here.
The question closed "At least $68.00, but less than $75.00" with a closing date of 31 March 2025.
See our FAQ to learn about how we resolve questions and how scores are calculated.
| Possible Answer | Correct? | Final Crowd Forecast |
|---|---|---|
| Less than $54.00 | 1% | |
| At least $54.00, but less than $61.00 | 1% | |
| At least $61.00, but less than $68.00 | 14% | |
| At least $68.00, but less than $75.00 | 83% | |
| At least $75.00, but less than $82.00 | 1% | |
| At least $82.00, but less than $89.00 | 0% | |
| At least $89.00, but less than $96.00 | 0% | |
| At least $96.00, but less than $103.00 | 0% | |
| At least $103.00, but less than $110.00 | 0% | |
| At least $110.00, but less than $117.00 | 0% | |
| $117.00 or more | 0% |
Crowd Forecast Profile
| Participation Level | |
|---|---|
| Number of Forecasters | 54 |
| Average for questions in their first 6 months: 154 | |
| Number of Forecasts | 343 |
| Average for questions in their first 6 months: 410 | |
| Accuracy | |
|---|---|
| Participants in this question vs. all forecasters | average |
