TOTAL VOLUME:
$154.3b
24H VOL:
$228,458,490
24H TRANSACTIONS:
2,984,028,936
OPEN INTEREST:
$1,879,276,037
410,833
Markets across
40,345
events
MATCHED EVENTS:
4,363
PLATFORM COVERAGE:
5
Polymarket:
37%
VS.
Kalshi:
63%
Closed: Oct 22, 8:15 PM 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. 2026-10-23T00:00:00Z
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. 2026-10-23T00:00:00Z
Currently, prediction market odds often reflect a different perspective than traditional analyst forecasts. While analysts may offer point estimates or ranges for the crude oil price, this market aggregates the wisdom of the crowd, representing a probabilistic view of the same event. Discrepancies can arise due to differing methodologies, biases, or access to information. It's common to see this market adjust rapidly to new information, potentially reacting faster than consensus analyst estimates. Examining these differences can provide valuable insights into market expectations.
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 go up or down. The price of these contracts fluctuates based on supply and demand, ultimately determining the implied probability of each outcome. On Predict, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The market’s price reflects the collective judgment of all participants, creating a dynamic and efficient mechanism for forecasting the future price movement.
This market resolves around Oct 23, 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 8:00 PM ET and 8:15 PM ET on October 22nd. The direction of the price change – whether it goes up or down – will determine the winning outcome in this market. Traders will be able to see the final result reflected in the market’s settlement details.
Several factors could significantly influence this market before Oct 23, 2026. 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 (like manufacturing indices or GDP growth), can also drive price movements. Furthermore, announcements from OPEC+ regarding production levels, inventory reports from the Energy Information Administration (EIA), and even significant weather events impacting oil infrastructure could all cause substantial shifts in the market’s odds.