TOTAL VOLUME:
$134.2b
24H VOL:
$134,145,987
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,441,166,947
406,422
Markets across
30,383
events
MATCHED EVENTS:
2,688
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 10, 5:00 PM EST
Kalshi
This event tracks the price of Brent crude oil on July 10, 2026 at 5:00 PM EDT using the BRENTU6 contract. Settlement uses the closing price of the 1-minute candlestick at that specific time, with prices rounded to the nearest 2 decimal places. The contract rolls forward to the next delivery month 5 business days before the current contract's last trading day.
Settlement is determined by the closing price of the 1-minute candlestick for Brent crude oil using the BRENTU6 contract on July 10, 2026 at 5:00 PM EDT, measured in USD per barrel. The close price for a candlestick timestamped at a given time reflects the price at the end of the immediately preceding one-minute interval (for example, the candlestick timestamped 5:00 PM reflects trading from 4:59:00 PM to 4:59:59 PM and closes at 5:00:00 PM). Settlement is based on the nearest listed contract month, rolling forward to the next contract 5 business days before the current contract's last trading day. The settlement contract is named after its delivery month according to standard exchange symbology. All settlement values are rounded to the nearest 2 decimal places. Each outcome corresponds to a specific price threshold, with resolution to Yes if the closing price exceeds that threshold. If no data is published by the specified source agency for the specified time, the most recently available published data will be used to resolve the market.
Prediction market odds often diverge from traditional analyst forecasts because they reflect real-money incentives and continuous price discovery rather than point estimates published at discrete intervals. On this market, traders are wagering on the exact Brent price at a future date, which can incorporate forward-looking sentiment faster than consensus surveys. Analyst forecasts tend to be more conservative and backward-looking, while prediction markets reward participants who correctly anticipate shifts in supply, geopolitical risk, and macroeconomic conditions. Comparing the two can reveal where the market is pricing in tail risks or opportunities that analysts may have underweighted.
On Kalshi, this market is priced through an order-book mechanism where traders buy and sell shares corresponding to different Brent price ranges. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each outcome represents a specific price band, and the market price of each share reflects the collective probability traders assign to that range occurring on the settlement date. As new information emerges—OPEC announcements, geopolitical developments, or macroeconomic data—traders adjust their positions, moving prices in real time. The platform's transparent pricing allows you to see exactly what odds are available and execute trades at posted levels.
This market resolves around Jul 10, 2026, once the Brent crude oil price at 5:00 PM EDT on that date is verifiable from credible public sources. The outcome is determined by the actual spot price or settlement price reported by major financial data providers on that specific day and time. Traders holding shares in the correct price range at resolution receive their payout, while incorrect positions expire worthless. The exact resolution mechanics are governed by Kalshi's market rules, which ensure fair and transparent settlement based on independently verifiable energy market data.
Major catalysts for this market include OPEC production decisions, geopolitical tensions in oil-producing regions, US crude inventory reports, and global economic growth forecasts. Unexpected supply disruptions—such as refinery outages or shipping incidents—can spike prices rapidly. Conversely, recession fears or demand destruction typically push prices lower. Central bank policy shifts and currency movements also influence energy commodities, since oil is priced in US dollars. Traders monitoring this market should watch energy sector earnings, renewable energy adoption trends, and any significant changes to US strategic petroleum reserve levels, all of which can reshape expectations for Brent crude heading into July 2026.