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All three price ranges are extremely low-probability scenarios with no mainstream consensus expectation.
The probability of falling below $65 is 7%, with odds of 12.99x, the highest expected among the three.
The probability of rising above $80 is 4%, with odds of 21.28x.
The probability of rising above $85 is only 1%, with odds of 23.26x.
Investor conviction across all three levels is extremely low, and the market does not expect oil prices to reach these three extreme levels.