TOTAL VOLUME:
$154.6b
24H VOL:
$323,326,361
24H TRANSACTIONS:
2,984,640,614
OPEN INTEREST:
$1,969,435,260
419,363
Markets across
40,411
events
MATCHED EVENTS:
4,612
PLATFORM COVERAGE:
5
Polymarket:
37%
VS.
Kalshi:
63%
Closed: Oct 20, 5:45 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. 2026-10-20T09:30:00Z
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. 2026-10-20T09:30:00Z
Currently, prediction market odds often reflect a different perspective than traditional analyst forecasts. While analysts may rely on fundamental and technical analysis, 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, risk appetites, or access to information. It's common to see this market anticipate shifts in sentiment before they are reflected in mainstream financial forecasts, providing a potentially valuable alternative viewpoint.
On Predict, this market is priced through a continuous auction mechanism 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, directly reflecting the collective predictions of participants. On Predict, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The current price indicates the probability that the market assigns to the outcome, offering a real-time assessment of expectations. Traders adjust their positions based on new information and their own analysis, constantly updating the market’s price.
This market resolves around Oct 20, 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 5:30 AM and 5:45 AM Eastern Time on October 20, 2024, compared to the price at the start of that period. The direction of the price change—up or down—will determine the winning outcome in this market.
Several factors could significantly influence this market before Oct 20, 2026. Geopolitical events, such as disruptions in oil-producing regions or changes in OPEC+ policy, are major catalysts. Economic data releases, particularly those related to global demand (like manufacturing indices or GDP growth), will also play a role. Unexpected inventory reports from the Energy Information Administration (EIA) or shifts in the US dollar’s strength could create volatility. Even weather patterns, especially those impacting oil transportation routes, have the potential to move this market.