What will be the closing spot price for Brent crude oil on 9 March 2023?

Started Sep 09, 2022 05:00PM UTC
Closed Mar 09, 2023 08:01AM UTC

Oil prices are being pushed and pulled by a number of factors, from production limits and Russian sanctions to demand concerns (US News & World Report, CNBC). The outcome will be determined using US Energy Information Administration data as reported by the Federal Reserve Economic Data database (FRED).

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.


The question closed "Between $72.00 and $84.00 per barrel, inclusive" with a closing date of 9 March 2023.

See our FAQ to learn about how we resolve questions and how scores are calculated.

Possible Answer Correct? Final Crowd Forecast
Less than $48.00 per barrel 0%
Between $48.00 and $60.00 per barrel, inclusive 0%
More than $60.00 but less than $72.00 per barrel 0%
Between $72.00 and $84.00 per barrel, inclusive 70%
More than $84.00 but less than $96.00 per barrel 29%
Between $96.00 and $108.00 per barrel, inclusive 1%
More than $108.00 but less than $120.00 per barrel 0%
$120.00 or more per barrel 0%

Crowd Forecast Profile

Participation Level
Number of Forecasters 75
Average for questions older than 6 months: 208
Number of Forecasts 541
Average for questions older than 6 months: 589
Accuracy
Participants in this question vs. all forecasters average

Most Accurate

Relative Brier Score

1.
-0.099
2.
-0.095
3.
-0.092
4.
-0.087
5.
-0.081

Recent Consensus, Probability Over Time

Files
Tip: Mention someone by typing @username