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Will Saudi Arabia reduce Pakistan oil subsidy before October 2008?

Settled as No

There is no news that the Saudi government has made any reductions. It appears the matter is still in negotiation as of the end of September.

Background:

Saudi oil subsidy at stake over Musharraf exit


SAUDI Arabia thrust itself into the Pervez Musharraf impeachment drama last night when it warned that a huge oil subsidy that provides life support for the moribund Pakistan economy was at risk unless he was given an "exit with dignity".

No country exerts greater influence than Saudi Arabia on Pakistan, which is frequently seen as a vassal state of the House of Saud, and the appearance on the scene of Prince Muqrin, acting as a satrap, is seen as a potentially decisive development in the crisis.

The cut-rate Saudi Oil Facility is worth more than $US5 billion ($5.8 billion) a year in deferred payments and without it, analysts say, Pakistan's economy would fall into an even deeper hole.
http://www.theaustralian.news.com.au/story/0,25197,24195803-25837,00.html

Settlement details:
YES - It is reported that Saudi Arabia reduces oil subsidies to Pakistan for any reason(s) before October, 2008

NO - No, Oil subsidies are not reduced. A no settlement includes no news reported and/or unknown.


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

YES - It is reported that Saudi Arabia reduces oil subsidies to Pakistan for any reason(s) before October, 2008

NO - No, Oil subsidies are not reduced. A no settlement includes no news reported and/or unknown.

 
Forecast history, %
   Zoom in

Settled

Yes
5%
No
95%
Activity: H$59,216
Settled as No on Thu 2nd Oct 11:15pm PDT

Suspend date: Tue 30th Sep 7:59am PDT Settlement date: Thu 2nd Oct 11:15pm PDTPrediction cut-off: Predictions on this question after Tue 30th Sep 7:59am PDT have been voided because they were made after the question could be settled

Initial likelihoods: Yes: 25%

Action history:

Created Sun 17th Aug 7:57am PDT by fingers_of_fury
Suspended Tue 30th Sep 7:59am PDT : Suspend date reached
Settlement requested Wed 1st Oct 9:10am PDT by orlin: No such reports.
Settlement requested Thu 2nd Oct 5:45am PDT by arielg81: ???????
Settled as 'No' Thu 2nd Oct 11:15pm PDT by infernalmachine[Admin]: There is no news that the Saudi government has made any reductions. It appears the matter is still in negotiation as of the end of September.

Suspend date: Tue 30th Sep 7:59am PDT Settlement date: Thu 2nd Oct 11:15pm PDTPrediction cut-off: Predictions on this question after Tue 30th Sep 7:59am PDT have been voided because they were made after the question could be settled
more info...

 

Predictions (43)

43 predictions

9 weeks ago
cheesenips predicted No (H$1,000 at 95%)
9 weeks ago
arielg81 predicted No (H$20 at 94%)
9 weeks ago
pepe predicted No (H$100 at 94%)
9 weeks ago
felix predicted No (H$10 at 94%)
9 weeks ago
kirin predicted No (H$85 at 91%)
more

Comments (2)

  1 dieseldog
@f-o-f..very well clarifyed-settlement details.
posted 15 weeks ago
  2 arielg81
show me the money!!
posted 8 weeks ago

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