TOTAL VOLUME:
$154.8b
24H VOL:
$245,601,049
24H TRANSACTIONS:
2,985,204,718
OPEN INTEREST:
$1,897,405,322
408,349
Markets across
39,583
events
MATCHED EVENTS:
4,443
PLATFORM COVERAGE:
5
Polymarket:
37%
VS.
Kalshi:
63%
Closed: Oct 22, 7:45 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. 2026-10-22T11:30:00Z
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. 2026-10-22T11:30:00Z
Currently, prediction market odds offer a distinct perspective compared to traditional analyst forecasts for crude oil prices. While many analysts are predicting moderate price fluctuations, this market reflects a more nuanced view, incorporating the collective wisdom of a diverse group of traders. It’s important to note that analyst predictions are often based on fundamental analysis and economic models, whereas this market is driven by real-time speculation and event-driven expectations. Discrepancies can arise due to differing methodologies and information access.
On Predict, this market is priced through a continuous order book 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 probability assigned to each outcome. On Predict, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The market depth and trading activity provide insights into the strength of conviction behind different price predictions, offering a dynamic and responsive assessment of potential price movements.
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 7:30 AM and 7:45 AM Eastern Time on October 22, 2024, compared to the price at 7:30 AM ET. The direction of the price change – up or down – will determine the winning outcome in this market.
Several signals and events could significantly move this market before resolution. Unexpected geopolitical developments in major oil-producing regions, such as the Middle East, are key catalysts. Major economic data releases, particularly those related to global demand (like Chinese manufacturing data) or U.S. inventory reports, could also trigger price swings. Furthermore, any announcements regarding OPEC+ production policies or disruptions to oil supply chains (e.g., due to weather events) will likely impact trading activity and shift the probabilities reflected in this market.