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Hit $150 a barrel oil in Q3 2008.
will101 ( Score Rank: #3 based on predictions in the last 30 days ) will101  |  closed on 01-Jul-2008 (60 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)
Answer
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55%
Not enough information to determine the result.
45%
Not enough information to determine the result.
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2008-08-30
 
Vsthumb
Stocks tumbled on Friday as the price of oil rose ... (more)
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2008-08-25
 
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Malaysia's plantations minister said Monday that t... (more)
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2008-08-22
 
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The price of oil jumped back above 120 dollars Thu... (more)
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2008-08-20
 
The price of oil pared its gains Wednesday after t... (more)
Comments (2)
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  1. Homer Homer 57 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...
  2. Thinkr Thinkr 60 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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