TOTAL VOLUME:
$134.2b
24H VOL:
$134,145,987
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,441,166,947
406,422
Markets across
30,383
events
MATCHED EVENTS:
2,688
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Sep 21, 1:59 AM EST
Kalshi
This event tracks diesel fuel price movements for a specific future date, reflecting potential influences such as supply chain dynamics, geopolitical events, and market demand fluctuations. Participants assess whether price thresholds will be surpassed, providing insight into anticipated economic conditions.
All markets resolve based on the observed diesel price on September 21, 2026. Each market has a unique price threshold, ranging from $6.455 to $6.555. If the actual diesel price exceeds a market's specified threshold, that market resolves to Yes; otherwise, it resolves to No. The outcome for each market is determined solely by whether the price crosses its individual threshold, with no interaction between markets affecting the result.
Currently, it’s important to note that analyst forecasts for diesel prices vary considerably depending on the source and methodology used. Some analysts predict a slight increase in prices due to geopolitical factors, while others anticipate a decrease based on anticipated changes in supply and demand. This market, however, represents a real-time assessment of probabilities based on the collective wisdom of traders. It’s a dynamic comparison, as the market adjusts continuously to new information, potentially offering a different perspective than static analyst reports.
On Kalshi, this market is priced using a continuous double auction. Traders buy and sell contracts representing their beliefs about whether the diesel price will be above or below a certain level at a specific time. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The price of these contracts fluctuates based on supply and demand, reflecting the collective expectations of the participants. As more traders buy contracts indicating a price increase, the price of those contracts rises, and vice versa. This creates a market-driven price discovery process for future diesel prices.
This market resolves around Sep 28, 2026, with the outcome confirmed once the event is verifiable from credible public reporting. The resolution will be based on the average price of diesel fuel as reported by a recognized industry benchmark. This benchmark will be used to determine whether the market resolves in favor of the ‘above’ or ‘below’ outcome. Traders will then be able to claim their winnings or adjust their strategies based on the final result. The overall trading volume demonstrates the level of interest in the outcome of this market.
Several factors could significantly influence this market before Sep 28, 2026. Unexpected geopolitical events, such as disruptions in oil supply, could cause prices to spike. Changes in global economic growth forecasts, particularly in major economies like China and the United States, could also impact demand and, consequently, prices. Furthermore, major announcements regarding energy policy or shifts in OPEC+ production levels could introduce volatility. Even weather patterns, particularly those affecting transportation routes, could have a noticeable effect on the price of diesel fuel and move this market.