TOTAL VOLUME:
$134.1b
24H VOL:
$141,541,542
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,440,096,988
406,065
Markets across
30,522
events
MATCHED EVENTS:
2,692
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jun 26, 2:30 PM EST
Kalshi
These markets track the daily settlement price of WTI crude oil on June 26, 2026, using the August 2026 futures contract (or the nearest active contract month following standard rolling conventions). Each market corresponds to a specific price threshold, allowing traders to bet on whether oil will trade above that level on the resolution date.
Resolution is determined by the daily settlement price of WTI crude oil on June 26, 2026, using the August 2026 contract or the nearest listed contract month at that time. Contract months roll forward to the next delivery month 2 business days before the current contract's last trading day; for example, if May 2026 expires on April 28, the active contract switches from May to June on April 24. Settlement values are rounded to the nearest 2 decimal places. If no official settlement data is published by the specified source agency on the resolution date, the most recently available published settlement price will be used instead. Each market resolves to Yes if the applicable price threshold is exceeded, and No otherwise.
Prediction market odds often diverge from traditional analyst forecasts because they reflect real-money incentives and continuous price discovery rather than point-in-time estimates. Traders in this market are directly rewarded for accuracy, which can surface information faster than consensus analyst surveys. Analyst forecasts tend to lag behind market repricing when new geopolitical, supply, or demand signals emerge. By comparing the odds here to published analyst price targets and energy sector reports, you can identify where the market is pricing in different assumptions about production disruptions, global demand, or macroeconomic headwinds that may not yet be reflected in formal research.
On Kalshi, this market is priced through a continuous order-book mechanism where traders buy and sell shares representing different price ranges for WTI crude on the settlement date. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each contract reflects the probability that the closing price will fall within a specific band, and the market price of each share directly encodes the collective odds. As new information arrives—OPEC announcements, inventory reports, geopolitical developments—traders adjust their positions, causing prices to move. The tighter the bid-ask spread, the more confident the market is in a particular outcome range.
This market resolves around Jun 26, 2026, once the WTI closing price for that date is verifiable from credible public reporting. The outcome is determined by where the official settlement price lands relative to the predefined price ranges offered in the market. Traders who correctly predicted the price band win their shares at full value, while incorrect predictions expire worthless. Resolution is straightforward and based on widely published energy market data, ensuring transparency and eliminating ambiguity about the final result.
Major catalysts for this market include OPEC production decisions, geopolitical tensions affecting Middle Eastern supply, U.S. inventory reports, and global macroeconomic data signaling demand strength or weakness. Unexpected refinery outages, hurricane activity in the Gulf of Mexico, and shifts in the U.S. dollar can also trigger sharp repricing. Central bank policy announcements and recession fears tend to weigh on energy prices broadly. Traders monitor these signals continuously, so any credible news about supply disruptions, demand destruction, or financial market stress will likely move odds before the June 26, 2026 settlement date.