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: Jun 25, 5:00 PM EST
Kalshi
This event tracks the price of Brent crude oil on the futures market at a specific time on June 25, 2026. Brent crude is a major global oil benchmark used to price petroleum products worldwide. Its price reflects geopolitical tensions, OPEC production decisions, global economic growth, and supply disruptions. The settlement uses the BRENTU6 contract, which represents the June 2026 delivery month.
Settlement is determined by comparing the 1-minute candlestick close price for Brent crude oil using the BRENTU6 contract on June 25, 2026 at 5:00 PM EDT against multiple price thresholds ranging from $71.00 to $80.50 USD per barrel, each in $0.50 increments. Each threshold represents a separate market outcome. The 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 per standard exchange symbology. The close price is defined as the price at the end of the immediately preceding one-minute interval. All settlement values are rounded to the nearest 2 decimal places. 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 on this market represent decentralized trader sentiment, which often diverges from traditional analyst price targets and consensus forecasts. While energy analysts rely on supply-demand models, geopolitical risk assessments, and macroeconomic outlooks, prediction markets aggregate real-money bets from a diverse set of participants with varied information and incentives. Comparing the implied odds here to published analyst reports and futures market pricing can reveal where the crowd expects surprises or where conventional wisdom may be underpricing certain scenarios. Both approaches offer complementary perspectives on future oil valuations.
On Kalshi, this market is priced through a continuous order-book mechanism where traders buy and sell shares representing different price outcomes for Brent crude on the specified date and time. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each share reflects a fractional claim on the probability of that outcome, and the current bid-ask spread determines the live price. Traders can place limit or market orders, and the platform matches buyers and sellers in real time. Liquidity and trading volume directly influence how tight the spreads are and how quickly large orders can be filled.
This market resolves around Jun 25, 2026, once the Brent crude oil price at 5:00 PM EDT on June 25, 2026 is verifiable from credible public sources. The outcome is determined by the actual spot or settlement price reported by recognized energy data providers and financial exchanges at that exact timestamp. Resolution occurs after sufficient time has passed for official pricing to be confirmed and any potential data corrections to be finalized. Traders should monitor official energy market reporting channels in the days following the event date for final confirmation.
Major catalysts for this market include OPEC production decisions, geopolitical tensions affecting supply routes, macroeconomic data influencing demand forecasts, and unexpected disruptions at key oil facilities. Central bank policy shifts and currency movements can also sway energy prices significantly. Seasonal demand patterns, inventory reports, and renewable energy adoption trends shape longer-term expectations. Traders should track energy news, government policy announcements, and global economic indicators closely. Weather events, sanctions changes, and technological breakthroughs in alternative energy can create sharp repricing events in the final weeks before resolution.