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will101 (*)
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Hit $150 a barrel oil in Q3 2008.
will101 ( Score Rank: User did not make predictions in the last 30 days ) will101  |  closed on 01-Jul-2008 (508 days ago)
We have seen a barrel oil hitting $140 this year. And this a scary scene. Most of us probably don't want to see this happening again unless we are investing in crude oil futures. Some analysts say this spike is just a bubble waiting to burst, and some say oil price won't go down due to permanent decrease in global supply.

We don't have to look too far. Let's predict Q3 2008, and see if we will hit $150 a barrel. We will verify the result based on bloomberg:
http://www.bloomberg.com/...

Please note that we will close this prediction before Q3 so the result will be more interesting.
ZiiValue
(chance)
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55%
Not enough information to determine the result.
45%
Not enough information to determine the result.
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2009-11-21
 
Oil prices hovered below $78 a barrel Friday in As... (more)
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2009-11-19
 
Oil prices slipped to near $79 a barrel Thursday i... (more)
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2009-11-17
 
Oil companies promised to “moderate price increa... (more)
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2009-11-12
 
Vsthumb
Demand for oil is surprisingly strong as China and... (more)
Comments (3)
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  1. Arthur Arthur 435 days ago
    0 vote This is Good This is Bad
    We are getting close to Q3 end. $150 is an impossible target. Now we are so surprised by the oil fever a few months ago.
  2. Homer Homer 505 days ago
    0 vote This is Good This is Bad
    I think it will go up to $150 in Q3...
    http://www.indiainfoline.com/news/inn...
  3. Thinkr Thinkr 508 days ago
    0 vote This is Good This is Bad
    predicted: [ Most Likely ] [ 71% ] Yes, Hit $150 a barrel oil
    (more)
    it's not funny .. but it will happen this week already.
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