[Commodities: Crude oil in May 2019] Iran to produce at least 2.6 MMbpd

Created by Cato on 2019-03-21; known on 2019-06-16; judged wrong by Cato on 2019-06-12.

  • Cato estimated 92% on 2019-03-21
  • Cato said “Verification: https://www.eia.gov/outlooks/steo/on 2019-03-21
  • pranomostro estimated 60% and said “@Cato: I am wondering why you’re so confident. Iran seems to have had a major production low, what are your reasons?on 2019-03-25
  • Cato said “@pranomostro: Yes, Iran is at historic lows. But the factors that have driven the fall (mostly sanctions) have already taken full effect. Iran’s economy is dependent on its remaining production.That’s why I don’t expect further reductions.on 2019-03-27
  • Cato changed their prediction from “Iran to produce at least 2.6” on 2019-03-29
  • Cato estimated 80% on 2019-04-09
  • Cato estimated 22% on 2019-05-09
  • Cato estimated 16% on 2019-05-17
  • Cato   judged this prediction wrong on 2019-06-12.

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