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Will Light Sweet Crude Oil trade above $119.05 / barrel on the NYMEX this week (April 21st-25th)?

Settled as Yes

http://www.nymex.com/lsco_fut_cso.aspx
At settlement time high was reported at 119.74

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 $119.05 / barrel this week (21st-25th)? 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 (21st-25th), will Light Sweet Crude Oil (aka Oil to the lay person), trade for even one trade above $119.05 intraday during the week of April 21st to 25th, 2008? ... Oil closed at $116.69 / barrel on Friday the 18th but moved up to $117.00 in after hours trade.


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

 
Forecast history, %
   Zoom in

Settled

Yes
82%
No
18%
Activity: H$21,403
Settled as Yes on Tue 22nd Apr 9:41am PDT

Suspend date: Thu 24th Apr 1:05pm PDT Settlement date: Tue 22nd Apr 9:41am PDT

Initial likelihoods: Yes: 60%

Action history:

Created Sun 20th Apr 3:59pm PDT by lucidstates
Settlement requested Tue 22nd Apr 9:35am PDT by infernalmachine[Admin]: It's trading at $119.50 right now
http://custom.marketwatch.com/custom/nyt-com/html-usmarkets-quote.asp?sid=2157579&time=1dy&x=62&y=10
Settled as 'Yes' Tue 22nd Apr 9:41am PDT by andrew: http://www.nymex.com/lsco_fut_cso.aspx
At settlement time high was reported at 119.74

Suspend date: Thu 24th Apr 1:05pm PDT Settlement date: Tue 22nd Apr 9:41am PDT
more info...

 

Predictions (24)

24 predictions

31 weeks ago
stefo91 predicted Yes (H$50 at 60%)
32 weeks ago
jarrod predicted Yes (H$200 at 60%)
32 weeks ago
jarrod predicted Yes (H$100 at 59%)
32 weeks ago
jjmurray predicted Yes (H$100 at 56%)
32 weeks ago
jenniandboys[Admin] predicted Yes (H$100 at 56%)
more

Comments (2)

Wow this is crazy oil prices nowadays!!!
posted 31 weeks ago
  2 cognos[Power User]
it's all your fault lucidstates!
posted 31 weeks ago

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