Started Dec 02, 2022 06:00PM UTC   •   Closing Apr 11, 2023 07:01AM UTC

UBS asks:

What will be the closing spot price for Brent crude oil on 11 April 2023?

Sanctions on Russian oil, demand concerns for China, and OPEC+ policy are all impacting prices in the near and intermediate term (CNBC, US News & World Report, CNN). The question will be suspended on 10 April 2023 and the outcome determined using US Energy Information Administration data as first reported by the Federal Reserve Economic Data database (FRED) (FRED).

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Possible Answer Crowd Forecast Change in last 24 hours Change in last week Change in last month
Less than $40.00 per barrel 1.00% +0.00% +0.00% +0.00%
Between $40.00 and $50.00 per barrel, inclusive 2.00% +0.00% +0.00% +0.00%
More than $50.00 but less than $60.00 per barrel 4.00% -1.00% -1.00% -3.00%
Between $60.00 and $70.00 per barrel, inclusive 11.00% +0.00% +0.00% -3.00%
More than $70.00 but less than $80.00 per barrel 24.00% +0.00% +2.00% +2.00%
Between $80.00 and $90.00 per barrel, inclusive 32.00% +1.00% +2.00% +8.00%
More than $90.00 but less than $100.00 per barrel 17.00% +0.00% -2.00% -1.00%
Between $100.00 and $110.00 per barrel, inclusive 6.00% +0.00% +0.00% -1.00%
More than $110.00 but less than $120.00 per barrel 2.00% +0.00% -1.00% -1.00%
$120.00 or more per barrel 1.00% +0.00% +0.00% -1.00%

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