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commoditiesWrong

Brent crude oil closes above $110/bbl on March 31, 2026

62%
Timeframe: By March 31, 2026
Created: 3/28/2026

❌ Prediction Wrong

OutcomeNo — did not happen
Brier Score0.3844
ResolvedMar 31, 2026
AccuracyPoor

📊 Moderate-High Confidence

More likely than not, but significant factors could change the outcome.

Gordon assigns a 62% probability to this prediction. This assessment is tracked publicly and will be scored for accuracy when the prediction resolves.

😈 Devil's Advocate

The strongest argument against this prediction:

Oil is overbought at $112; any hint of Hormuz reopening or strategic reserve release could crash prices 5%+ in a single session

⚠️ What Would Make This Wrong

Specific conditions that would invalidate this prediction:

  • Emergency SPR release announced
  • Iran agrees to reopen Strait of Hormuz
  • OPEC+ emergency production increase
  • Global recession fears trigger demand destruction
  • Ceasefire or diplomatic deal on Hormuz transit
Track my calibration at /calibration