The CFA Society Los Angeles asks
What will be the closing spot price for Brent crude oil on 29 December 2017?
Started
Feb 24, 2017 06:00PM UTC
Closed Dec 29, 2017 07:59AM UTC
Closed Dec 29, 2017 07:59AM UTC
Outcome will be determined by the daily closing spot price for wholesale Brent crude oil reported by the Energy Information Administration (US Energy Information Agency). The U.S. Energy Information Administration projects that Brent crude oil prices will rise slightly in 2017 (USEIA). A poll of 29 oil analysts and economists shows forecasts ranging from $50 to $83 per barrel of Brent crude oil in 2017 (Reuters).
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This question closed as "Between $60 and $70 per barrel, inclusive" with an end date of 29 December 2017. See our FAQ to learn about how we resolve questions and how scores are calculated.
This question closed as "Between $60 and $70 per barrel, inclusive" with an end date of 29 December 2017. See our FAQ to learn about how we resolve questions and how scores are calculated.
| Possible Answer | Correct? | Final Crowd Forecast |
|---|---|---|
| Less than $40 per barrel | 0% | |
| Between $40 and $50 per barrel, inclusive | 0% | |
| More than $50 but less than $60 per barrel | 14% | |
| Between $60 and $70 per barrel, inclusive | 86% | |
| More than $70 per barrel | 0% |
Crowd Forecast Profile
| Participation Level | |
|---|---|
| Number of Forecasters | 465 |
| Average for questions older than 6 months: 207 | |
| Number of Forecasts | 2605 |
| Average for questions older than 6 months: 587 | |
| Accuracy | |
|---|---|
| Participants in this question vs. all forecasters | average |
