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 26, 5:00 PM EST
Kalshi
This event tracks the price of Brent crude oil using the BRENTU6 futures contract on June 26, 2026 at 5:00 PM EDT. The settlement will be based on the closing price of the 1-minute candlestick at that specific time, rounded to the nearest cent. If data is unavailable at the exact time, the most recently published data will be used.
Brent crude oil price settlement on June 26, 2026 at 5:00 PM EDT is determined by the close price of the 1-minute candlestick for the BRENTU6 contract at that timestamp, measured in USD per barrel. 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 represents the price at the end of the immediately preceding one-minute interval; for example, the candlestick timestamped 4:59 PM reflects trading from 4:59:00 PM to 4:59:59 PM and closes at 5:00:00 PM. 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. The event contains multiple price thresholds ranging from $58.99 to $96.99 per barrel, each representing a separate resolution condition.
Prediction market odds often diverge meaningfully from traditional analyst forecasts because they reflect real-money incentives and live market dynamics rather than point estimates. While energy analysts publish price targets based on supply-demand models and geopolitical risk, traders in this market are directly betting capital on the actual outcome. This market aggregates dispersed information from participants with varying expertise and time horizons, sometimes revealing consensus that differs from consensus forecasts. Comparing the current odds here to published analyst ranges can highlight where the market sees upside or downside risk that mainstream research may have underweighted.
On Kalshi, this market is priced through an order-book mechanism where traders buy and sell shares corresponding to different price outcomes. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each share represents a claim on a specific Brent price range or level at the June 26, 2026 settlement time. The bid-ask spread reflects the market's confidence in that outcome; tighter spreads indicate higher certainty, while wider spreads suggest uncertainty or lower liquidity. Traders profit by correctly predicting whether the actual price will fall into their chosen range, with payouts determined by how accurately they positioned themselves relative to the final verified price.
This market resolves around Jun 26, 2026, when the Brent crude oil price at that specific moment becomes verifiable from credible public sources. The outcome is determined by the actual traded price of Brent crude at 5:00 PM EDT on June 26, 2026, as reported by major financial data providers and energy exchanges. Once the settlement time passes and the price is confirmed, the market locks in and payouts are distributed to holders of the winning outcome. Participants should monitor official energy market reporting in the days leading up to and immediately following the resolution date.
Major geopolitical events, OPEC production decisions, and global supply disruptions are primary catalysts that could shift odds significantly. Unexpected refinery outages, sanctions changes, or conflicts in oil-producing regions often trigger sharp repricing. Macroeconomic data—inflation reports, central bank policy shifts, and recession signals—also influence energy demand expectations and thus crude prices. Weather events affecting production or shipping, as well as inventory reports from the U.S. Energy Information Administration, provide regular data points that traders react to. Currency movements, particularly dollar strength, can also move this market since oil is priced in dollars globally.