Question 14 of 123 in In the News 2021
Started Jul 16, 2021 05:00PM UTC   •   Closing Nov 01, 2021 07:01AM UTC

What will be total OPEC crude oil production for October 2021?

Tags
Challenges

There is ongoing disagreement within OPEC regarding crude oil production (Business Times, CNBC, World Oil). The outcome will be determined using monthly data for "Total OPEC" reported in the "OPEC crude oil production based on secondary sources, tb/d" table of the "World Oil Supply" section of OPEC's Monthly Oil Market Report (OPEC - Monthly Oil Market Report). The July 2021 report shows "Total OPEC" produced 26,034 thousand barrels per day (tb/d) in June 2021 (OPEC - Monthly Oil Market Report, see Table 5 - 7 on page 49 in the document). The question will be suspended on 31 October 2021 and closed when the October 2021 data are released, scheduled for November 2021.

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 hereFor other posts from our Insights blog, click here.

Name Probability
Fewer than 25,500 tb/d 0%
Between 25,500 tb/d and 27,000 tb/d, inclusive 10%
More than 27,000 tb/d but fewer than 28,500 tb/d 73%
28,500 tb/d or more 17%

Sign up or sign in to forecast!

Sign Up Sign In
Tip: Mention someone by typing @username