What will be the spot price per barrel for West Texas Intermediate (WTI) crude oil on 31 March 2025?
Started
Nov 29, 2024 06:00PM UTC
Closing Mar 31, 2025 07:01AM UTC
Closing Mar 31, 2025 07:01AM UTC
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.
| Possible Answer | Crowd Forecast | Change in last 24 hours | Change in last week |
|---|---|---|---|
| Less than $54.00 | 9.00% | 0% | +7.60% |
| At least $54.00, but less than $61.00 | 6.00% | 0% | -0.40% |
| At least $61.00, but less than $68.00 | 23.00% | +1.00% | -3.10% |
| At least $68.00, but less than $75.00 | 40.00% | -1.00% | -11.10% |
| At least $75.00, but less than $82.00 | 20.00% | +1.00% | +7.60% |
| At least $82.00, but less than $89.00 | 2.00% | -1.00% | -0.30% |
| At least $89.00, but less than $96.00 | 0% | 0% | -0.30% |
| At least $96.00, but less than $103.00 | 0% | 0% | 0% |
| At least $103.00, but less than $110.00 | 0% | 0% | 0% |
| At least $110.00, but less than $117.00 | 0% | 0% | 0% |
| $117.00 or more | 0% | 0% | 0% |