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410,833
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63%
Crude Oil Up or Down - November 6, 4AM-4:15AM ET
- Predict
Crude Oil Up or Down - November 6, 4AM-4:15AM ET - Predict
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·
Resolves Nov 6, 2026
Time left: 03d:11h:47m
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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. 2026-11-06T09:00:00Z
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. 2026-11-06T09:00:00Z
Currently, prediction market odds often reflect a different perspective than traditional analyst forecasts. While analysts may rely on economic models and geopolitical assessments, this market aggregates the wisdom of the crowd, incorporating a wider range of information and potential surprises. Discrepancies can arise from differing assumptions, risk tolerances, and access to information. It's common to see this market anticipate shifts in sentiment before they are fully reflected in mainstream analyst reports, offering a potentially valuable alternative viewpoint on the likely crude oil price movement.
On Predict, this market is priced through a continuous auction where traders buy and sell contracts representing their belief about whether the crude oil price will be higher or lower during the specified timeframe. The price of these contracts directly reflects the probability of each outcome, as perceived by the participants. On Predict, 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 adjust to new information and changing expectations. The more traders believe the price will go up, the higher the 'up' contract price will climb, and vice versa.
This market resolves around Nov 6, 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 4:00 AM and 4:15 AM Eastern Time on November 6, 2026. A verified price increase will favor the 'up' outcome, while a price decrease will favor the 'down' outcome. The final price will be sourced from publicly available financial data feeds.
Several factors could significantly influence this market. Unexpected geopolitical events in major oil-producing regions, such as disruptions to supply from the Middle East or Russia, would likely cause substantial price swings. Economic data releases, particularly those related to global demand (like Chinese manufacturing numbers or US GDP growth), could also have a major impact. Furthermore, announcements from OPEC+ regarding production levels, or even significant shifts in the US dollar's value, are all potential catalysts that could move the crude oil price market in either direction.