TOTAL VOLUME:
$134.1b
24H VOL:
$141,541,542
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,440,096,988
406,065
Markets across
30,522
events
MATCHED EVENTS:
2,692
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Sep 21, 5:00 PM EST
Kalshi
This set of markets tracks the precise closing price of Brent crude oil at a specific moment in the future, allowing participants to speculate on whether the price will surpass various thresholds. Each threshold represents a different level of price sensitivity, reflecting expectations about global supply, demand, and geopolitical influences affecting oil markets.
All markets resolve based on the closing price of the 1-minute candlestick for Brent crude oil on September 21, 2026 at 5:00 PM EDT. A "Yes" outcome occurs if the price exceeds the specified threshold for that market. Prices are rounded to the nearest two decimal places, with the closing price defined as the price at the end of the immediately preceding one-minute interval (i.e., the 4:59 PM candlestick closing at 5:00 PM). If data for the specified time is unavailable, the most recently published price is used for resolution. Thresholds range incrementally from $94.00 to $103.50 USD per barrel, allowing participants to assess varying levels of price performance.
Currently, prediction market odds reflect a collective forecast of where Brent crude oil will be trading on September 21, 2026. These odds often differ from traditional analyst forecasts, as they represent a weighted average of opinions from a diverse group of traders. While many analysts predict fluctuations based on geopolitical factors and supply/demand, this market allows for a real-time assessment of probabilities, incorporating a wider range of information and perspectives than a single analyst report might capture. It’s a dynamic comparison of crowd wisdom versus expert opinion.
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 determine the implied probability of each outcome. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The price of a contract reflects the market's assessment of the likelihood that the actual price of Brent crude oil will fall within that range at the specified time. As more traders participate, the prices adjust to reflect the collective intelligence of the crowd, creating a forward-looking price discovery mechanism.
This market resolves around Sep 21, 2026, with the outcome confirmed once the Brent crude oil price at 5:00 PM EDT on September 21, 2026, is verifiable from credible public reporting. The settlement price will be based on a widely recognized benchmark for Brent crude oil, ensuring a transparent and objective determination of the result. Traders will then be able to claim their winnings or fulfill their obligations based on the final price.
Numerous factors could significantly influence this market before September 21, 2026. Major geopolitical events, such as conflicts in oil-producing regions or changes in international sanctions, could disrupt supply. Economic shifts, including recessions or periods of rapid growth in major economies like China and the United States, would impact demand. Unexpected changes in OPEC+ production policies, technological advancements in energy production (like increased shale oil output), and even severe weather events impacting oil infrastructure could all contribute to price volatility and movement in this market.