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Will Light Sweet Crude Oil trade above $114.00 / barrel on the NYMEX this week (Monday 14th thru Friday 18th)?

Settled as Yes

http://www.reuters.com/article/hotStocksNews/idUSSYD3274320080416

Background:

This question asks, Will the price of oil being traded on the New York Mercantile Exchange, at any point DURING REGULAR TRADING trade above $114.00 / barrel this week (14th-18th)? 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 (14th to 18th), will Light Sweet Crude Oil (aka Oil to the lay person), trade for even one trade above $114.00 intraday during the week of April 14th to 18th, 2008? ... Oil closed at $110.14 / barrel on Friday the 11th of April, after trading around $112.21 during Wednesday the 9th.


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

 
Forecast history, %
   Zoom in

Settled

Yes
89%
No
11%
Activity: H$49,540
Settled as Yes on Wed 16th Apr 1:02am PDT

Suspend date: Thu 17th Apr 5:20am PDT Settlement date: Wed 16th Apr 1:02am PDT

Initial likelihoods: Yes: 50%

Action history:

Created Sat 12th Apr 12:14am PDT by lucidstates
Settlement requested Tue 15th Apr 10:07pm PDT by orlin: 4/15/2008 Session Overview - High - 114.08

http://www.nymex.com/lsco_fut_pso.aspx

'U.S. light crude fell 28 cents to 113.51 a barrel by 0140 GMT, off Tuesday's record high of $114.08'

http://www.reuters.com/article/hotStocksNews/idUSSYD3274320080416
Settled as 'Yes' Wed 16th Apr 1:02am PDT by andrew: http://www.reuters.com/article/hotStocksNews/idUSSYD3274320080416

Suspend date: Thu 17th Apr 5:20am PDT Settlement date: Wed 16th Apr 1:02am PDT
more info...

 

Predictions (44)

44 predictions

32 weeks ago
knowitall predicted Yes (H$800 at 89%)
32 weeks ago
otrading predicted Yes (H$500 at 94%)
32 weeks ago
vi_dream predicted No (H$50 at 5%)
32 weeks ago
jaspersoddity predicted Yes (H$550 at 95%)
32 weeks ago
lou_the_stew predicted No (H$100 at 6%)
more

Comments (1)

  1 kasulked
It's getting close trading at 113.77
posted 32 weeks ago

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