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Will Oil Close below $105 U.S. on or before April 4, '08 ?

Settled as Yes

Closed below 105
http://www.nymex.com/lsco_fut_cso.aspx

Background:

Background: Nymex

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

 
Forecast history %
Yes
94%
No
6%
Settled as Yes on Tue 1st Apr 2008 1:51am PST

Suspend date: Fri 4th Apr 2008 2:59pm PST
Settlement date: Tue 1st Apr 2008 1:51am PST

Initial likelihoods: Yes: 60%

Action history:

Created Thu 27th Mar 2008 10:32am PST by mork[Power User]
Edited Mon 31st Mar 2008 1:32am PST by andrew
Settlement requested Mon 31st Mar 2008 3:47pm PST by mork[Power User]: http://ap.google.com/article/ALeqM5gHs5OM3gFG_DytQQZFbWfgPT08MAD8VOKSIG0
Settlement requested Mon 31st Mar 2008 7:43pm PST by lucidstates: Oil closed BELOW $105 / barrel today.
Crude dropped $4.04, or 3.8%, to settle at $101.58 a barrel on the New York Mercantile Exchange.
The Link:
http://www.hubdub.com/p/MyPositionsOpen
Settled as 'Yes' Tue 1st Apr 2008 1:51am PST by andrew: Closed below 105
http://www.nymex.com/lsco_fut_cso.aspx

Suspend date: Fri 4th Apr 2008 2:59pm PST
Settlement date: Tue 1st Apr 2008 1:51am PST details

 

Predictions (64)

1 year ago
mikeyboy75 predicted No (H$100 at 6%)
1 year ago
bayoubear[Admin] predicted No (H$20 at 5%)
1 year ago
landack predicted Yes (H$50 at 95%)
1 year ago
elly predicted No (H$20 at 4%)
1 year ago
deathreapdude predicted No (H$100 at 3%)

Comments (6)

Mork,

Good question man, I bet $43 that yes it will ... Haha, that is allllll the cash I had available, but yes, I bet and I dig the question :-D After last week, when I bet that Oil would close below $100 during March and got HAMMERED with losses after it jumped to $108/barrel, I need to redeem myself :-D

lucidstates
posted 1 year ago
Update: In asian electronic trade, Oil is currently down $0.85 / barrel to around $104.72 :-D
posted 1 year ago
Update: Oil at last check just 30 min ago, was trading at $102.32 / barrel, down $3.30 so far, it was as high as $106.78 intraday and an intraday low of $101.59 ... So as of right now, it is holding steady at below $103 / barrel, for the moment anyway :-D

lucidstates
posted 1 year ago
UPDATE: OIL AT $100.46 / barrel as of 11:11am PST!!!!!!
posted 1 year ago

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