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 28, 5:00 PM EST
Kalshi
This set of markets tracks the precise closing price of Brent crude oil at a specific moment, allowing participants to speculate on whether the price will exceed various thresholds. The outcomes are determined by real-time market data captured in a narrow one-minute window.
All markets resolve based on the closing price of the one-minute candlestick for Brent crude oil at 5:00 PM EDT on September 28, 2026. Each market has a specific price threshold, and if the closing price exceeds that threshold, the market resolves to Yes; otherwise, it resolves to No. The settlement value is rounded to the nearest two decimal places. The closing price for the candlestick timestamped 4:59 PM reflects trading activity from 4:59:00 PM to 4:59:59 PM and is officially recorded at 5:00:00 PM. If data for the specified time is unavailable, the most recently published data will be used for resolution. This consistent methodology applies uniformly across all thresholds, ensuring transparency and uniformity in determining outcomes.
Currently, prediction market odds often reflect a different perspective than traditional analyst forecasts. While analysts frequently rely on economic models and geopolitical assessments, this market aggregates the wisdom of the crowd, incorporating a wider range of information and potential unforeseen events. Discrepancies can arise due to differing assumptions about future supply and demand, geopolitical risks, or the impact of technological advancements. It's common to find that this market anticipates shifts in price before they are reflected in conventional forecasts, offering a potentially valuable alternative viewpoint for those following the Brent crude oil market.
On Kalshi, this market is priced using a continuous double auction mechanism, meaning traders can buy and sell contracts at any time, setting the price based on their own expectations. The price of a contract represents the probability of the Brent crude oil price being above a specified level on Sep 28, 2026. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. As more traders participate, the price converges towards a consensus view. The market depth, displayed on the dashboard, indicates the volume of buy and sell orders at different price levels, providing insight into potential price movements and the strength of market sentiment.
This market resolves around Sep 28, 2026, with the outcome confirmed once the Brent crude oil price at 5:00 PM EDT on that date is verifiable from credible public reporting. The resolution will be based on the official settlement price reported by a recognized industry benchmark, such as the Intercontinental Exchange (ICE). The contract will pay out $1 per share if the Brent crude oil price is above the specified level at the time of resolution, and $0 if it is below. Traders should monitor the market closely as Sep 28, 2026 approaches to adjust their positions accordingly.
Numerous signals and events could significantly impact this market between now and Sep 28, 2026. Geopolitical instability in major oil-producing regions, such as the Middle East, is a primary driver. Unexpected changes in OPEC+ production policies, shifts in global economic growth, and major disruptions to oil supply chains—like those caused by natural disasters or geopolitical conflicts—could all lead to price fluctuations. Furthermore, advancements in renewable energy technologies or changes in energy demand patterns could also influence market sentiment and trading activity. Monitoring these factors is crucial for understanding potential price movements.