Image - What price will Brent crude hit by the end of August?
What price will Brent crude hit by the end of August?
Resolution date
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Outcome
Chance (Yes)
Above $130
5%
Above $110
9%
Above $90
29%
Rules

Brent crude oil surged following Israel’s strikes on Iran in mid-June. JP Morgan suggests prices could potentially spike to $120–130 per barrel in worst-case scenarios for the Middle East. However, their baseline forecast for 2025 remains at $60 per barrel.


Markets will resolve to YES if Brent crude trades above $90, $110, or $130, or falls below $60 per barrel.


Data source: www.investing.com/commodities/brent-oil

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