TOTAL VOLUME:
$154.7b
24H VOL:
$279,496,801
24H TRANSACTIONS:
2,984,640,614
OPEN INTEREST:
$1,923,931,766
416,910
Markets across
40,107
events
MATCHED EVENTS:
4,571
PLATFORM COVERAGE:
5
Polymarket:
37%
VS.
Kalshi:
63%
Closed: Nov 1, 9:15 PM EST
Predict
This market will resolve to "Up" if the CL/USDT price at the end of the time range specified in the title is greater than the price at the beginning of that range. It will resolve to "Down" if the CL/USDT price at the end of the time range is lower than the price at the beginning of that range. If the two prices are exactly equal, the market will resolve 50-50. The primary resolution source for this market is Chainlink, specifically the CL/USDT data stream available at https://data.chain.link/streams/cl-usdt-markpriceindex-datalink?timeframe=1d&chart=candlestick To verify the final price, use the close price of the 5m candlestick just before the market's end time. For example, for a market running from 1:00 to 1:15 PM ET, use the close price of the 1:10 PM candlestick as the final price. The resolution source uses the index price (field i) from Binance's USDS-Margined Futures Mark Price Stream for All Markets (!markPrice@arr), denominated in the quote currency. This market is based solely on the price reported by the Chainlink CL/USDT data stream, not on other sources or futures markets. If Chainlink data is unavailable or otherwise unusable for resolution, the market will resolve based on a consensus of reliable sources. 2026-11-02T02:00:00Z
This market will resolve to "Up" if the CL/USDT price at the end of the time range specified in the title is greater than the price at the beginning of that range. It will resolve to "Down" if the CL/USDT price at the end of the time range is lower than the price at the beginning of that range. If the two prices are exactly equal, the market will resolve 50-50. The primary resolution source for this market is Chainlink, specifically the CL/USDT data stream available at https://data.chain.link/streams/cl-usdt-markpriceindex-datalink?timeframe=1d&chart=candlestick To verify the final price, use the close price of the 5m candlestick just before the market's end time. For example, for a market running from 1:00 to 1:15 PM ET, use the close price of the 1:10 PM candlestick as the final price. The resolution source uses the index price (field i) from Binance's USDS-Margined Futures Mark Price Stream for All Markets (!markPrice@arr), denominated in the quote currency. This market is based solely on the price reported by the Chainlink CL/USDT data stream, not on other sources or futures markets. If Chainlink data is unavailable or otherwise unusable for resolution, the market will resolve based on a consensus of reliable sources. 2026-11-02T02:00:00Z
Currently, prediction market odds often reflect a different perspective than traditional analyst forecasts. While analysts may rely on fundamental factors like supply and demand, geopolitical events, and economic indicators, this market incorporates a broader range of information and collective intelligence. It’s common to see discrepancies, particularly in the short term, as the market reacts to news and events more quickly than many published reports. This can provide a valuable alternative viewpoint when assessing the potential movement of crude oil prices.
On Predict, this market is priced through a continuous auction where traders buy and sell contracts representing their beliefs about whether the crude oil price will be higher or lower by the specified time. The price of these contracts directly reflects the implied probability of each outcome. On Predict, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Traders adjust their bids and asks based on new information and their own analysis, creating a dynamic price discovery process. The current implied probabilities are influenced by factors like global economic conditions, OPEC decisions, and unexpected supply disruptions.
This market resolves around Nov 2, 2026, with the outcome confirmed once the event is verifiable from credible public reporting. Specifically, the resolution will be based on the change in the price of West Texas Intermediate (WTI) crude oil between the opening price on November 1st and the closing price at 9:15 PM ET. The direction of the price change – whether it goes up or down – will determine the winning outcome of this market. Traders will be able to see the verified result shortly after the close of trading.
Several signals or events could significantly move this market before Nov 2, 2026. Unexpected announcements from OPEC regarding production cuts or increases would likely have a substantial impact. Geopolitical events, such as conflicts in major oil-producing regions, could also cause price volatility. Furthermore, significant economic data releases, particularly those related to global demand (like Chinese manufacturing data or US GDP figures), could shift market sentiment. Finally, any unforeseen disruptions to oil supply, such as a major pipeline outage or natural disaster, could also lead to price fluctuations.