Created Mon 22nd Jun 2:44pm PST by 
gonegonegone
gonegonegone 
Oil- up or down? August Contract. Which comes first - $65 oil or $75 oil?
Settled as Oil falls to $65 first
As of 2:30 PM EDT on July 6, the price for August contract dropped below $65, finishing at $64.05
Background:
Background: The ominous upward march in price seems to have hit a roadblock. How long can under $70 oil last?
Settlement is based on closing price not intra-day trades.
American light sweet crude (CL on NYMEX)
This is for the August contract.
www.nymex.com/lsco_fut_cso.aspx
Suspends 16 July. Changes over to September contract about 20 July.
Business Editor may suspend question temporarily 1 hour before market closes if close to settlement.
Settlement is based on closing price not intra-day trades.
American light sweet crude (CL on NYMEX)
This is for the August contract.
www.nymex.com/lsco_fut_cso.aspx
Suspends 16 July. Changes over to September contract about 20 July.
Business Editor may suspend question temporarily 1 hour before market closes if close to settlement.
Settlement details:Now for the final price of the August contract.
www.nymex.com/lsco_fut_cso.aspx
Forecast history %
| Oil falls to $65 first |
| |||
| Oil rises to $75 first |
| |||
| Oil does neither before August contract expires |
|
Settled as Oil falls to $65 first on Mon 6th Jul 1:16pm PST
- Activity: H$93,795 |
- Predictions: 376 |
Comments: 5
Suspend date: Thu 16th Jul 3pm PST
Settlement date: Mon 6th Jul 1:16pm PST
Initial likelihoods: Oil falls to $65 first: 35%, Oil rises to $75 first: 45%, Oil does neither before August contract expires : 20%
Action history:
Created Mon 22nd Jun 2:44pm PST by gonegonegone
gonegonegone
Settlement requested Mon 6th Jul 1pm PST by gonegonegone: http://www.nymex.com/lsco_fut_cso.aspx
Closed at $64.05
Settles as Oil falls to $65 first
gonegonegone: http://www.nymex.com/lsco_fut_cso.aspx
Closed at $64.05
Settles as Oil falls to $65 first
Settled as 'Oil falls to $65 first' Mon 6th Jul 1:16pm PST by 
bayoubear![[Admin]](http://www.hubdub.com/images/icon_admin.gif "This user is an admin")
: As of 2:30 PM EDT on July 6, the price for August contract dropped below $65, finishing at $64.05
bayoubear: As of 2:30 PM EDT on July 6, the price for August contract dropped below $65, finishing at $64.05 
Suspend date: Thu 16th Jul 3pm PST
Settlement date: Mon 6th Jul 1:16pm PST details 
Get widget!Predictions (376)
jobhn
predicted Oil rises to $75 first (H$1 at 1%)
predicted Oil falls to $65 first (H$500 at 91%)
predicted Oil rises to $75 first (H$20 at 1%)
predicted Oil falls to $65 first (H$1,000 at 90%)
pmk2668Comments (5)
Stake virtual dollars on the outcomes of real news stories! Win more if you're right and climb the leaderboards Learn more...
By joining you are agreeing to our terms of service
Related Tags
The option "neither" still says July - perhaps we could fix that to avoid any confusion?
Thanks.
Please log in or join to add a comment