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OPEC basket price on a monthly basis will bottom out at $25 for 2016.

Created by Raahul_Kumar on 2016-01-12; known on 2016-12-29

  • Raahul_Kumar estimated 80% on 2016-01-12
  • Raahul_Kumar said “http://www.opec.org/opec_web/en/data_graphs/40.htmon 2016-01-12
  • PseudonymousUser estimated 89% on 2016-01-13
  • PseudonymousUser estimated 11% and said “Changed my mind.on 2016-01-13
  • PseudonymousUser estimated 45% and said “Ok, here we go.on 2016-01-13
  • Raahul_Kumar said “What the hell can make you revise your odds that much in so short a time period? Nothing has happened with the oil price so far.on 2016-01-13
  • PlacidPlatypus said “Is this exactly $25, or no lower than $25, or something else?on 2016-01-13
  • Raahul_Kumar said “Bottom out means lower bound. It cannot go lower than $25 on a monthly basis, 24.99 is right out. Even if one day in the month is lower than that, as long as the average price of the month is higher it doesn’t count.on 2016-01-14
  • Raahul_Kumar said “26.50 January,28.37 Feb. I still need it to hit 25 for one month at some point this year.on 2016-02-21