Brent crude oil price on May 29, 2026 at 5:00 PM EDT?

Prediction market odds on Kalshi reflect real-money bets from traders and reflect a crowdsourced view of Brent's likely closing price. Analyst forecasts, by contrast, typically come from energy research firms and rely on fundamental models of supply, demand, geopolitics, and macroeconomic trends. Markets often price in tail risks and sentiment shifts faster than traditional analyst reports update. Comparing the two can reveal where the market consensus diverges from expert opinion, helping you identify potential mispricings or emerging consensus shifts in energy markets.

The market resolves on May 29, 2026. Resolution is determined by the official Brent crude oil closing price at 5:00 PM EDT on May 29, 2026. The specific settlement source and exact price feed used to determine the outcome are defined in the contract terms on Kalshi. Once the market closes, the outcome is locked in and payouts are distributed to holders of the winning contract shares based on the final price data.

Brent crude prices are sensitive to OPEC production decisions, geopolitical tensions in the Middle East, US inventory reports, and global economic growth expectations. Supply disruptions, sanctions changes, or major refinery outages can trigger sharp moves. Macroeconomic data—especially recession fears or currency swings—also influence energy demand. Seasonal factors and weather patterns affecting production or shipping may play a role. Unexpected policy announcements or shifts in renewable energy adoption could reshape longer-term price expectations. Monitor energy news, central bank communications, and geopolitical developments closely as the resolution date approaches.