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What will be the closing price of oil on Friday, July 25?

Settled as Oil price is between $123.01 and $126.00

$123.26 - www.nymex.com

Background:

From being up in the stratosphere last week, over $140 and looking like $150 was just around the corner, oil has dropped greatly so far this week, closing under $130. Now that Hurricane Dolly has spared concern about oil rigs in the Gulf of Mexico, will the drop continue...?

Price is NYMEX closing price for September delivery of light, sweet crude.


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

 
Forecast history, %
   Zoom in

Settled

Oil price is at or below $120.00 a barrel
4%
Oil price is between $120.01 and $123.00
36%
Oil price is between $123.01 and $126.00
26%
Oil price is between $126.01 and $129.00
22%
Oil price is between $129.01 and $132.00
8%
Oil price is between $132.01 and $135.00
3%
Oil price is at or over $135.01
1%
Activity: H$12,176
Settled as Oil price is between $123.01 and $126.00 on Sun 27th Jul 9:02am PDT

Suspend date: Fri 25th Jul 9am PDT Settlement date: Sun 27th Jul 9:02am PDTPrediction cut-off: Predictions on this question after Fri 25th Jul 9am PDT have been voided because they were made after the question could be settled

Initial likelihoods: Oil price is at or below $120.00 a barrel: 5%, Oil price is between $120.01 and $123.00: 10%, Oil price is between $123.01 and $126.00: 15%, Oil price is between $126.01 and $129.00: 22%, Oil price is between $129.01 and $132.00: 22%, Oil price is between $132.01 and $135.00: 16%, Oil price is at or over $135.01: 10%

Action history:

Created Wed 23rd Jul 5:08am PDT by bayoubear[Admin]
Suspended Fri 25th Jul 9am PDT : Suspend date reached
Settlement requested Fri 25th Jul 2:46pm PDT by lanceo23: Market Closed at 5:15 EST
Settlement requested Sun 27th Jul 7:23am PDT by rbrog77: Friday, July 25, 2008: NYMEX West Texas Intermediate Crude Oil for September delivery closed down $2.23 at $123.26 per barrel.

http://www.wtrg.com/daily/crudeoilprice.html
Settled as 'Oil price is between $123.01 and $126.00' Sun 27th Jul 9:02am PDT by robuk[Admin]: $123.26 - www.nymex.com

Suspend date: Fri 25th Jul 9am PDT Settlement date: Sun 27th Jul 9:02am PDTPrediction cut-off: Predictions on this question after Fri 25th Jul 9am PDT have been voided because they were made after the question could be settled
more info...

 

Predictions (94)

94 predictions

17 weeks ago
lanceo23 predicted Oil price is between $123.01 and $126.00 (H$100 at 25%)
17 weeks ago
fourgrays predicted Oil price is between $126.01 and $129.00 (H$20 at 35%)
17 weeks ago
kasulked predicted Oil price is at or below $120.00 a barrel (H$500 at 9%)
17 weeks ago
rbrog77 predicted Oil price is between $120.01 and $123.00 (H$100 at 22%)
17 weeks ago
rbrog77 predicted Oil price is between $123.01 and $126.00 (H$100 at 22%)
more

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