Created Sat 10th May 7:20pm PDT by 
lucidstates
All questions » Business » Economics » lucidstates Will the price of Oil end the week closer to $120.00 or $130.00 / barrel? (May 12th-16th)
Settled as Closer to $130.00 / barrel
This question asks, with $125.00 as the mid point, which price will Light Sweet Crude Oil traded on the NYMEX be closer to at the end of trading this week, $120.00 / barrel or $130.00 / barrel? ... Remember, $125.00 is the middle point, so let's say you think Oil will end the week near $122.89 / barrel then you will want to pick "Closer to $120.00 / barrel" however, if you think Oil will close around $127.22 / barrel, then you will want to choose the option "Closer to $130.00 / barrel." Now if Oil closes on Friday at $124.99 / barrel, then the "Closer to $120.00 / barrel" will WIN, if it closes on Friday at $125.01 / barrel, then the "Closer to $130.00 / barrel" will WIN, however, if it closes on Friday at $125.00 / barrel then the "Closes at Exactly $125.00 / barrel" will WIN. This question suspends early Friday to prevent problems with betting near the close of the trading day and will be Settled when the markets CLOSE this Friday the 16th of May. ..... Oil closed Friday the 9th at $125.96 / barrel.
Settled
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Closer to $120.00 / barrel |
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Closes at Exactly $125.00 / barrel |
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Closer to $130.00 / barrel |
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Activity: H$32,113
Settled as Closer to $130.00 / barrel on Fri 16th May 4:58pm PDT
All questions are settled by Hubdub according to settlement info provided by the question creator.
Settlement details:
As reported by a major mainstream news source.
Suspend date: Fri 16th May 5:20am PDT
Settlement date: Fri 16th May 4:58pm PDT
Prediction cut-off: Predictions on this question after Fri 16th May 5:20am PDT have been voided because they were made after the question could be settled
Initial likelihoods:
Closer to $120.00 / barrel: 45%, Closes at Exactly $125.00 / barrel: 1%, Closer to $130.00 / barrel: 54%
Action history:
Created Sat 10th May 7:20pm PDT by lucidstates
lucidstates
Suspended Fri 16th May 5:20am PDT : Suspend date reached
Settled as 'Closer to $130.00 / barrel' Fri 16th May 4:58pm PDT by 
andrew: 126.29
http://www.nymex.com/lsco_fut_cso.aspx
andrew: 126.29
http://www.nymex.com/lsco_fut_cso.aspx
All questions are settled by Hubdub according to settlement info provided by the question creator.
Settlement details: As reported by a major mainstream news source.... read all
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