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Will Light Sweet Crude Oil trade above $111.00 / barrel on the NYMEX this week (Monday 31st thru Friday 4th)?

Settled as No

This question asks, Will the price of oil being traded on the New York Mercantile Exchange, at any point DURING REGULAR TRADING trade above $111.00 / barrel? This does NOT include pre-market trade, nor after market hours trade. This asks if between the OPEN of trading and the CLOSE of trading of any day during this week (31st to 4th), will Light Sweet Crude Oil (aka Oil to the lay person), trade for even one trade above $111.00 intraday during the week of March 31st to April 4th, 2008? ... Oil closed at $105.62 / barrel on Friday the 28th of March, after trading around $108 during the day.


Settlement details: As reported by a major mainstream news source.

 
Forecast history, %
   Zoom in

Settled

Yes
11%
No
89%
Activity: H$45,241
Settled as No on Sat 5th Apr 6:50am PDT

Suspend date: Thu 3rd Apr 12:59am PDT Settlement date: Sat 5th Apr 6:50am PDTPrediction cut-off: Predictions on this question after Thu 3rd Apr 12:59am PDT have been voided because they were made after the question could be settled

Initial likelihoods: Yes: 56%

Action history:

Created Sun 30th Mar 4:15pm PDT by lucidstates
Suspended Thu 3rd Apr 12:59am PDT : Suspend date reached
Settlement requested Fri 4th Apr 5:45pm PDT by lucidstates: Please SETTLE this question as the "NO" option being the winner. Oil never even got close to $111 this week.
The Link:
http://www.marketwatch.com/news/story/oil-futures-rise-slumping-jobs/story.aspx?guid=%7BDED09419%2DA96D%2D4538%2DA40D%2D7BBF7C5DE19A%7D&dist=news
Thank you guys, have a good one,
lucidstates
Settled as 'No' Sat 5th Apr 6:50am PDT by nigeleccles[Admin]

Suspend date: Thu 3rd Apr 12:59am PDT Settlement date: Sat 5th Apr 6:50am PDTPrediction cut-off: Predictions on this question after Thu 3rd Apr 12:59am PDT have been voided because they were made after the question could be settled
more info...

 

Predictions (85)

85 predictions

34 weeks ago
epicur predicted No (H$4 at 87%)
34 weeks ago
shadowfax predicted Yes (H$416 at 12%)
34 weeks ago
scratch predicted Yes (H$15 at 13%)
34 weeks ago
pup124 predicted No (H$250 at 85%)
34 weeks ago
kruijs[Power User] predicted No (H$500 at 85%)
more

Comments (3)

  1 randburg
Well-written question. Excellent background information and settlement details. I wish all hubdub questions were written this well! Compliments to the chef...
posted 35 weeks ago
Randburg,

Thank you so much man :-D ... *holds out hand, rubs fingers together* uh-hmmm, ........ no tip for the chef? ... Hehe, J/K :-)
Seriously man, thanks :-) ... I just can't wait till the 12 hour time limit is up on me so that I can bet on my own question :-D Only 5 hours more to go :-)
Hope you win big dude :-D

lucidstates
posted 35 weeks ago
Please join the HubDubbers Strike! We are protesting the cheater known as "Satyaki" and hubdubs refusal to penalize him for artificially getting himself on the top ladder of the leader boards BY CHEATING!

Please go to these links and post a protest as well and HELP the HubDub Community regain it's integrity!
http://www.hubdub.com/public/contact
^ There's an email form on that page ^
Post your decision at:
http://getsatisfaction.com/hubdub/topics/i_am_on_strike

lucidstates (This user: Is On Strike)
posted 34 weeks ago

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