Started Dec 11, 2020 06:00PM UTC   •   Closed Jan 05, 2021 07:00PM UTC

The Economist asks:

What will OPEC+ decide to do with regard to oil production at its next meeting?

At the 12th OPEC+ (or OPEC and non-OPEC Ministerial Meeting, ONOMM) in December 2020, participating countries decided to adjust production upward by 0.5 million barrels a day (reducing agreed-to output cuts from 7.7 mb/d to 7.2 mb/d) beginning in January 2021 (OPEC, Economist, Al Jazeera, Reuters). The next OPEC+ is expected to be held in January 2021.

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The question closed "Adjust production upward" with a closing date of 5 January 2021.

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Possible Answer Correct? Final Crowd Forecast
Adjust production upward 97%
No decision to adjust production 3%
Adjust production downward 0%
The next OPEC+ will not be held before 1 February 2021 0%

No. of
Forecasters

118

Forecast
Count

297

Crowd Brier Score

0.4763


Most Accurate

Relative Brier Score

1.
-0.457
3.
-0.416
4.
-0.41
5.
-0.381

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