TOTAL VOLUME:
$142.4b
24H VOL:
$93,860,226
24H TRANSACTIONS:
2,643,541,936
OPEN INTEREST:
$1,586,778,228
469,640
Markets across
35,617
events
MATCHED EVENTS:
2,886
PLATFORM COVERAGE:
5
Polymarket:
38%
VS.
Kalshi:
62%
Time left: 16d:12h:47m
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The future price trajectory of WTI crude oil remains uncertain due to volatile global supply-demand dynamics, including geopolitical tensions and production policies by major oil-exporting countries.
Multiple markets track whether the minimum WTI front-month settle price falls below successively lower thresholds between issuance and October 30, 2026. Each market resolves to Yes if ICE reports any price instance below its specific threshold during the period. The structure creates a ladder of decreasing price levels, each triggering resolution for its corresponding market when breached.
Currently, the collective prediction from this market differs from many traditional analyst forecasts for crude oil. While many analysts predict a continued rise in oil prices due to geopolitical factors and supply constraints, this market reflects a broader range of potential outcomes, including the possibility of price declines. It’s important to note that analyst forecasts are often point estimates, while this market represents a probability distribution of potential prices. The market aggregates the insights of numerous traders, potentially offering a more nuanced perspective than individual expert opinions.
On Kalshi, this market is priced using a continuous double auction. Traders submit bids (the price they’re willing to buy a contract for) and asks (the price they’re willing to sell). Contracts represent a payout if the WTI oil price falls at or below a specific level by Oct 31, 2026. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The price of a contract reflects the market's assessment of the probability of that outcome occurring. As more traders participate and new information becomes available, the prices adjust, providing a dynamic and real-time view of expectations.
This market resolves around Oct 31, 2026, with the outcome confirmed once the event is verifiable from credible public reporting. Specifically, the settlement price of the WTI crude oil front-month contract on that date will be used to determine the winning contracts. Traders who correctly predicted the price level will receive a payout based on the contract’s value at resolution. The market’s outcome is based on publicly available data and is not subject to subjective interpretation.
Several factors could significantly impact this market before Oct 31, 2026. Major geopolitical events, such as conflicts in oil-producing regions or changes in OPEC+ production policy, are key drivers. Unexpected economic data releases, particularly those related to global demand or inflation, could also shift expectations. Furthermore, technological advancements in energy production, like increased efficiency in shale oil extraction or breakthroughs in renewable energy, could influence the long-term outlook for oil prices and therefore affect trading activity in this market.