TOTAL VOLUME:
$154.4b
24H VOL:
$290,393,159
24H TRANSACTIONS:
2,984,640,614
OPEN INTEREST:
$1,944,100,805
420,493
Markets across
40,511
events
MATCHED EVENTS:
4,612
PLATFORM COVERAGE:
5
Polymarket:
37%
VS.
Kalshi:
63%
Closed: Nov 2, 11:45 AM 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. 2026-11-02T16:30:00Z
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. 2026-11-02T16:30:00Z
Currently, analysts are divided on the future direction of crude oil, with some predicting a slight increase due to geopolitical factors and others forecasting a decline based on concerns about global economic growth. This market allows traders to express their own views, which may differ from or align with those of traditional analysts. The collective wisdom of traders on Predict can provide a unique perspective, potentially identifying insights not captured by conventional forecasts. It’s a way to see what the crowd thinks, compared to expert opinions.
On Predict, this market is priced through a continuous exchange where traders buy and sell contracts representing their belief about whether the crude oil price will be higher or lower at the specified time. The price of these contracts fluctuates based on supply and demand, reflecting the collective expectations of the participants. On Predict, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. This dynamic pricing mechanism means the odds constantly adjust as new information becomes available and traders update their assessments of the likely outcome.
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 11:30 AM and 11:45 AM Eastern Time on November 2nd. The final price movement will be verified against credible public sources to determine whether the market settles in favor of ‘Up’ or ‘Down’.
Several factors could significantly influence this market before Nov 2, 2026. Unexpected announcements from the Organization of the Petroleum Exporting Countries (OPEC) regarding production levels, geopolitical events in major oil-producing regions, and shifts in global economic data (like inflation or manufacturing indices) are all potential catalysts. Additionally, any significant disruptions to oil supply, such as weather events impacting production or transportation, could also cause substantial movement in the price of crude oil and, consequently, in this market.