Crude Oil Price on June 13, 2008

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On June 4, New York's main oil futures contract, light sweet crude for July delivery, shed 2.01 dollars to close at 122.30 dollars a barrel. Prices tumbled after the US government's Energy Information Administration said American gasoline (petrol) reserves increased 2.9 million barrels in the week ending May 30. That beat market expectations for a gain of just 825,000 barrels and pointed towards slowing demand in the world's biggest energy consuming nation as consumers recoil from high gasoline prices.

Community Prediction in Chance

Community Accuracy:  50%

Top Predictor:   goog (95% Accuracy)

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Rank Accuracy A >= 90% B >= 80% C >= 70% D >= 60% E >= 40% F < 40%

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	ZiiValue (chance)	Answer	MyValue (0% to 100% chance)	Possible Outcomes
	20%			> $140
	27%			$130 - $140
	44%			$120 - $130
	8%			$110 - $120
	1%			< $110

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