Oil- up or down? Which comes first - $50 oil or $60 oil???

Suspend date: Wed 18th Nov 3:59pm PST (44 weeks to go) Settlement date: Thu 20th Nov 2008 10:19am PSTPrediction cut-off: Predictions on this question after Thu 20th Nov 2008 7:20am PST have been voided because they were made after the question could be settled

Initial likelihoods: Oil reaches $60 first: 55%, Oil reaches $50 first: 45%

Action history:

Created Mon 17th Nov 2008 11:54pm PST by petefin

Changed Description Tue 18th Nov 2008 1:05am PST by destry: show details

... it going. Recovery or glut. <.<br/> <br/> Light sweet crude ( ... below $50 or above $60. <.<br/> <br/> &lt;a href="& ... com">http://www.nymex.com</a>"><a href="http://www.nymex.com&lt">http://www.nymex.com&lt</a>;/a>">&lt;a href="<a href="http://www.nymex.com&lt">http://www.nymex.com&lt</a>;"><a href="http://www.nymex.com&lt">http://www.nymex.com&lt</a>;&lt;/a>;/a>">&lt;a href="&lt;a href="<a href="http://www.nymex.com&lt">http://www.nymex.com&lt</a>;"><a href="http://www.nymex.com&lt">http://www.nymex.com&lt</a>;&lt;/a>;">&lt;a href="<a href="http://www.nymex.com&lt">http://www.nymex.com&lt</a>;"><a href="http://www.nymex.com&lt">www.nymex.com&lt</a>;&lt;/a>;&lt;/a>;/a>

Changed Description Tue 18th Nov 2008 1:05am PST by destry: show details

... or above $60.<br/> <br/> &lt;a href="&lt;a href="&lt;a href="</> <a href="http://www.nymex.

Changed Description Tue 18th Nov 2008 1:06am PST by destry: show details

... it going. Recovery or glut.<. <br/> <br/> Light sweet crude ( ... below $50 or above $60.<. <br/> <br/> <a href="http://

Changed Settlement info Tue 18th Nov 2008 1:06am PST by destry: show details

... by &lt;a href="&&lt;a href="&lt;a ... http://www.NYMEX.com&lt</a>;/a>">&lt;a href="<a href="http://www.NYMEX.com&lt">http://www.NYMEX.com&lt</a>;"><a href="http://www.NYMEX.com&lt">http://www.NYMEX.com&lt</a>;&lt;/a>;/a>">&lt;a href="&lt;a href="<a href="http://www.NYMEX.com&lt">http://www.NYMEX.com&lt</a>;"><a href="http://www.NYMEX.com&lt">http://www.NYMEX.com&lt</a>;&lt;/a>;">&lt;a href="<a href="http://www.NYMEX.com&lt">http://www.NYMEX.com&lt</a>;"><a href="http://www.NYMEX.com&lt">www.NYMEX.com&lt</a>;&lt;/a>;&lt;/a>;/a>

Changed Settlement info Tue 18th Nov 2008 1:07am PST by destry: ... &lt;a href="&lt;a href="<a href="

Changed Description Tue 18th Nov 2008 1:07am PST by destry: show details

... href="http://www.nymex.com">http://www.nymex.com</"></a>

Changed Settlement info Tue 18th Nov 2008 1:07am PST by destry: show details

... &lt;a href="&lt;a href="<a href=" ... http://www.NYMEX.com&lt</a>;/a>">&lt;a href="<a href="http://www.NYMEX.com&lt">http://www.NYMEX.com&lt</a>;"><a href="http://www.NYMEX.com&lt">http://www.NYMEX.com&lt</a>;&lt;/a>;/a>

Changed Settlement info Tue 18th Nov 2008 1:08am PST by destry: show details

... &lt;a href="&lt;a href="<a href=" ... com">http://www.NYMEX.com</a>"><a href="http://www.NYMEX.com&lt">http://www.NYMEX.com&lt</a>;/a>">&lt;a href="<a href="http://www.NYMEX.com&lt">http://www.NYMEX.com&lt</a>;"><a href="http://www.NYMEX.com&lt">http://www.NYMEX.com&lt</a>;&lt;/a>;/a>

Settlement requested Thu 20th Nov 2008 7:23am PST by ianochaye: Lowest UK Oil Price In Three Years
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SKY NEWS
3:12pm UK, Thursday November 20, 2008
London oil prices have slipped below $50 a barrel for the first time since May 2005.

http://news.sky.com/skynews/Home/Business/London-Oil-Price-Slips-To-Lowest-Level-In-Three-And-A-Half-Years/Article/200811315156493?f=rss

Suspended Thu 20th Nov 2008 8:03am PST by bayoubear: Oil has dropped below $50...determining suspension time

Settled as 'Oil reaches $50 first' Thu 20th Nov 2008 10:19am PST by bayoubear: Oil price dropped below $50 by 9:20 AM CST on 11/20, dropping to $49.75 before going back up over $50.00.

Suspend date: Wed 18th Nov 3:59pm PST (44 weeks to go) Settlement date: Thu 20th Nov 2008 10:19am PSTPrediction cut-off: Predictions on this question after Thu 20th Nov 2008 7:20am PST have been voided because they were made after the question could be settled
more info...