What will the total range of front month crude oil prices be in 2008, as a % of Dec 31, 2007 closing price?
Posted by nate hagens on December 26, 2007 - 7:52pm
1)Low volatility: total range less than 10% (implying a range of oil prices under $10)
1% (7 votes)
2)Medium low volatility: total range between 10% and 20% (implying a total range of between $10 and $20)
5% (30 votes)
3)Medium volatility: total range between 20% and 40% (implying a total range between $20 and $40)
20% (118 votes)
4)Medium high volatility: total range between 40% and 60% (implying $ range between $40 and $60)
33% (193 votes)
5)High volatility: total range between 60% and 100% (implying total range between 60-100$)
25% (149 votes)
6)Extremely high volatility (Range over 100% - meaning the high minus low of 2008 prices will be over $100)
16% (93 votes)
Total votes: 590
What will the total range of front month crude oil prices be in 2008, as a % of Dec 31, 2007 closing price?
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