Question

Will the price of Brent crude oil exceed $70 in 2021?

Resolved :Yes

32 comments32

Total Forecasters87

Community Prediction99%

Make a Prediction

50%

community: 99%

Did this actually happen?Yes

Community Baseline Score

62.4

Community Peer Score

12.7

median 99.0%mean 95.5%

Authors:

MetaculusOutlooks

Opened:

Closes:

Resolves:

Environment & Climate

What will be the closing price of Crude Oil (in USD per barrel) for the listed dates?

72.5

Longbets series: will the amount of geologically-derived crude oil consumed by the United States in 2035 be greater than the amount consumed in 2015?

30%

Will British Petroleum (BP) successfully drill a production well at the Kaskida oil field before July 2026?

12%

Comments

? comments

Authors:

MetaculusOutlooks

Opened:

Closes:

Resolves:

Environment & Climate

Trump said he'll unleash an oil boom. Exxon Mobil CEO says not so fast.

Business Insider•Nov 13, 2024

How Trump policies may boost and burden energy stocks and crude oil, all at the same time

CNBC•Nov 13, 2024

China's weak economy and record US production will lead to a surplus of one million barrels of oil a day next year, IEA says

Business Insider•Nov 15, 2024

Learn more about Metaculus NewsMatch

What will be the closing price of Crude Oil (in USD per barrel) for the listed dates?

72.5

Longbets series: will the amount of geologically-derived crude oil consumed by the United States in 2035 be greater than the amount consumed in 2015?

30%

Will British Petroleum (BP) successfully drill a production well at the Kaskida oil field before July 2026?

12%