What will be the closing spot price for Brent crude oil on 19 May 2023?

Started Mar 15, 2023 05:00PM UTC
Closed May 18, 2023 11:59PM UTC

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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The question closed "More than $70.00 but less than $85.00 per barrel" with a closing date of 19 May 2023.

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Possible Answer Correct? Final Crowd Forecast
Less than $55.00 per barrel 0%
Between $55.00 and $70.00 per barrel, inclusive 6%
More than $70.00 but less than $85.00 per barrel 91%
Between $85.00 and $100.00 per barrel, inclusive 2%
More than $100.00 but less than $115.00 per barrel 1%
$115.00 or more 0%

Crowd Forecast Profile

Participation Level
Number of Forecasters 92
Average for questions older than 6 months: 207
Number of Forecasts 403
Average for questions older than 6 months: 587
Accuracy
Participants in this question vs. all forecasters average

Most Accurate

Relative Brier Score

1.
-0.062
2.
-0.061
3.
-0.058
4.
-0.051

Recent Consensus, Probability Over Time

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