TOTAL VOLUME:

$154.3b

24H VOL:

$219,029,434

24H TRANSACTIONS:

2,984,028,936

OPEN INTEREST:

$1,869,293,526

411,051

Markets across

40,408

events

MATCHED EVENTS:

4,377

PLATFORM COVERAGE:

5

Polymarket:

37%

VS.

Kalshi:

63%

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Crude Oil Up or Down - October 22, 1PM-1:15PM ET
predict

Will crude oil be up or down?

Outcome
Trade
Chance %
Price
Spread
Liquidity
Volume
24h
7d
Open Interest
Ends in
Result

Description

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. 2026-10-22T17:00:00Z

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. 2026-10-22T17:00:00Z

Frequently asked questions

On Predict, the dashboard for the crude oil price market displays the current implied probabilities for the price of crude oil to be up or down at the close of trading on October 22nd. You’ll find a price history chart showing how the probabilities have shifted over time, as well as the total 24-hour volume traded, which currently stands at $668. The total volume for this market is $670, indicating overall interest. This information allows traders to gauge market sentiment and make informed decisions.

Currently, prediction market odds often reflect a different perspective than traditional analyst forecasts. While many analysts are providing price targets and directional guidance for crude oil, this market aggregates the wisdom of the crowd, representing a diverse range of opinions and information. Discrepancies can arise due to differing methodologies, biases, or access to unique data. It's common to see this market adjust rapidly to new information, potentially leading to divergences from static analyst reports. Examining these differences can offer valuable insights into market expectations.

On Predict, this market is priced through a continuous auction mechanism where traders buy and sell contracts representing their beliefs about whether the crude oil price will be up or down. The price of these contracts fluctuates based on supply and demand, directly reflecting the collective probability assigned to each outcome. On Predict, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The current price indicates the market’s assessment of the likelihood of each scenario, and traders can use this information to hedge risk or speculate on future price movements. The more traders who believe the price will rise, the higher the 'up' contract price will climb.

This market resolves around Oct 22, 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 1:00 PM and 1:15 PM ET on October 22nd. If the price is higher at 1:15 PM ET than at 1:00 PM ET, the 'up' outcome will be considered correct. Conversely, if the price is lower, the 'down' outcome will be considered correct. The final price will be sourced from a reputable financial data provider.

Several factors could significantly influence this market before its resolution. Unexpected geopolitical events, such as disruptions in oil-producing regions or shifts in international relations, are key catalysts. Economic data releases, particularly those related to global demand or inventory levels, could also drive price movements. Furthermore, announcements from the Organization of the Petroleum Exporting Countries (OPEC) regarding production levels will be closely watched. Any surprise announcements or shifts in these areas could lead to substantial changes in the probabilities reflected in this market.