What will be the closing spot price for Brent crude oil on 19 May 2023?
Started
Mar 15, 2023 05:00PM UTC
Closing May 18, 2023 11:59PM UTC
Closing May 18, 2023 11:59PM UTC
Challenges
Sanctions on Russian oil, potential increases in Chinese demand, and OPEC+ policy are all impacting prices in the near and intermediate term (NASDAQ, CNBC, CNN). The question will be suspended on 18 May 2023 and the outcome determined using US Energy Information Administration data as first reported by the Federal Reserve Economic Data database (FRED).
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| Possible Answer | Crowd Forecast | Change in last 24 hours | Change in last week |
|---|---|---|---|
| Less than $55.00 per barrel | 1.00% | +0.00% | -1.00% |
| Between $55.00 and $70.00 per barrel, inclusive | 23.00% | +0.00% | -2.00% |
| More than $70.00 but less than $85.00 per barrel | 61.00% | +0.00% | +2.00% |
| Between $85.00 and $100.00 per barrel, inclusive | 13.00% | +0.00% | +2.00% |
| More than $100.00 but less than $115.00 per barrel | 2.00% | +0.00% | +0.00% |
| $115.00 or more | 0.00% | +0.00% | -1.00% |