TOTAL VOLUME:
$154.5b
24H VOL:
$271,200,656
24H TRANSACTIONS:
2,984,640,614
OPEN INTEREST:
$1,922,627,141
420,368
Markets across
40,352
events
MATCHED EVENTS:
4,484
PLATFORM COVERAGE:
5
Polymarket:
37%
VS.
Kalshi:
63%
Closed: Oct 5, 5:00 PM EST
Kalshi
This set of markets tracks potential fluctuations in Brent crude oil pricing at a specific future moment. Each market evaluates whether the price exceeds a particular threshold, offering insights into various price levels that might be reached.
All markets resolve based on the closing price of a one-minute candlestick for Brent crude oil at 5:00 PM EDT on October 05, 2026. The closing price is defined as the price at the end of the immediately preceding one-minute interval, meaning the candlestick timestamped 4:59 PM reflects trading activity from 4:59:00 PM to 4:59:59 PM and closes at 5:00:00 PM. Settlement values are rounded to the nearest two decimal places. If no data is published by the specified source agency for the given time, the most recently available published data will be used to determine the resolution. Each individual market resolves to 'Yes' if the closing price exceeds its specified threshold, and 'No' otherwise.
Currently, prediction market odds reflect a collective forecast of what will happen with the price of Brent crude oil. These odds often differ from traditional analyst forecasts, as they represent a real-money view of future outcomes. While many analysts predict oil prices based on economic models and geopolitical factors, this market aggregates the insights of a diverse group of traders who are incentivized to be accurate. The difference between this market’s implied probability and those of expert forecasts can be a valuable signal for understanding market sentiment.
On Kalshi, this market is priced using a continuous double auction. Traders buy and sell contracts representing different price ranges for Brent crude oil, and the prices of these contracts fluctuate based on supply and demand. As more traders believe the price will be higher, they bid up the prices of contracts reflecting those higher prices, and vice versa. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. This dynamic pricing mechanism allows the market to quickly incorporate new information and reflect the collective wisdom of the crowd.
This market resolves around Oct 5, 2026, with the outcome confirmed once the event is verifiable from credible public reporting. Specifically, the market will settle based on the Intercontinental Exchange (ICE) settlement price for Brent crude oil futures contracts expiring in November 2026, as reported at 5:00 PM EDT on October 5, 2026. The final price will be determined by this publicly available data point, ensuring a transparent and objective resolution for this market.
Numerous factors could influence the price of Brent crude oil and, therefore, move this market. Major geopolitical events, such as conflicts in oil-producing regions or changes in OPEC+ production policies, are significant catalysts. Unexpected economic data releases, particularly those related to global demand (like Chinese economic growth) or supply disruptions, could also have a substantial impact. Additionally, shifts in global energy policy, technological advancements in renewable energy, and even severe weather events affecting oil infrastructure could all move this market before Oct 5, 2026.