SE_Meyer asks:
Between 13 November 2020 and 12 February 2021, will the closing price per barrel of WTI crude oil be higher than the closing price per barrel of Brent crude oil?
Closed Feb 12, 2021 08:01PM UTC
West Texas Intermediate (WTI) is a benchmark price for oil in the U.S., while Brent is a benchmark price for oil from the North Sea (Investopedia). The spread, or difference, between the price of the two is an important metric in energy markets (Oil Price, CME Group). The outcome will be determined using futures prices as provided by Bloomberg (WTI: Bloomberg - WTI, Brent: Bloomberg - Brent).
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The question closed "No" with a closing date of 12 February 2021.
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| Possible Answer | Correct? | Final Crowd Forecast |
|---|---|---|
| Yes | 0% | |
| No | 100.00% |
Crowd Forecast Profile
| Participation Level | |
|---|---|
| Number of Forecasters | 117 |
| Average for questions older than 6 months: 207 | |
| Number of Forecasts | 289 |
| Average for questions older than 6 months: 587 | |
| Accuracy | |
|---|---|
| Participants in this question vs. all forecasters | worse than average |
