What will be the spot price per barrel for West Texas Intermediate (WTI) crude oil on 28 June 2024?
Closed Jun 28, 2024 07:01AM UTC
Oil prices were approaching $80 per barrel amid continued violence in the Middle East and potential OPEC+ actions (Yahoo). The question will be suspended on 27 June 2024 and the outcome determined using the spot price per barrel per the US Energy Information Administration (EIA) as reported by the Federal Reserve Economic Data (FRED) database, expected in July 2024 (FRED). On 28 June 2023, the spot price for WTI was $69.54.
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The question closed "At least $75.00, but less than $85.00" with a closing date of 28 June 2024.
See our FAQ to learn about how we resolve questions and how scores are calculated.
| Possible Answer | Correct? | Final Crowd Forecast |
|---|---|---|
| Less than $55.00 | 0% | |
| At least $55.00, but less than $65.00 | 0% | |
| At least $65.00, but less than $75.00 | 1% | |
| At least $75.00, but less than $85.00 | 96% | |
| At least $85.00, but less than $95.00 | 3% | |
| At least $95.00, but less than $105.00 | 0% | |
| At least $105.00, but less than $115.00 | 0% | |
| $115.00 or more | 0% |
Crowd Forecast Profile
| Participation Level | |
|---|---|
| Number of Forecasters | 60 |
| Average for questions in their first 6 months: 171 | |
| Number of Forecasts | 448 |
| Average for questions in their first 6 months: 444 | |
| Accuracy | |
|---|---|
| Participants in this question vs. all forecasters | better than average |
