Question 33 of 35 in Coronavirus Outbreak
Started Mar 10, 2020 05:00PM UTC   •   Closing Aug 13, 2020 06:59AM UTC

The Economist asks:

What will be the closing price per barrel for West Texas Intermediate (WTI) crude oil on 13 August 2020, according to Bloomberg?

Amid the COVID-19 outbreak spreading around the world and fears of a price war between Russia and OPEC members, oil prices saw their largest single day percentage drop since 1991 (CNBC). The outcome will be determined using the closing price per barrel as reported by Bloomberg (Bloomberg).

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Name Probability
Less than $25.00 1%
Between $25.00 and $35.00, inclusive 29%
More than $35.00 but less than $45.00 58%
Between $45.00 and $55.00, inclusive 12%
More than $55.00 0%

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