TOTAL VOLUME:
$134.2b
24H VOL:
$126,324,530
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,434,646,834
406,019
Markets across
30,401
events
MATCHED EVENTS:
2,689
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Aug 16, 1:59 AM EST
Kalshi
Diesel prices fluctuate based on global supply chains, geopolitical events, and seasonal demand. Tracking these prices helps stakeholders anticipate cost changes that impact transportation and manufacturing. Accurate price predictions support budgeting and strategic planning across industries reliant on diesel fuel.
The event evaluates whether the diesel price on August 16, 2026, exceeds any of a series of specified thresholds ranging from $5.390 to $5.490. Each market corresponds to a distinct price level, and the outcome for each market is determined by comparing the actual closing diesel price on that date to its respective threshold. If the actual price is higher than the threshold for a given market, that market resolves to 'Yes'; otherwise, it resolves to 'No'. The structure allows participants to assess the likelihood of diesel prices reaching various levels, providing granular insight into potential price movements.
Key signals that could shift this market include surprise inventory draws or builds, geopolitical tensions affecting transport routes, and unexpected changes in refining capacity. Any major economic policy shift — especially from major oil-consuming or producing nations — may also cause rapid re-pricing. Traders will closely monitor energy news feeds and weekly government reports for early clues.