TOTAL VOLUME:
$134.1b
24H VOL:
$133,388,117
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,436,095,462
405,232
Markets across
30,526
events
MATCHED EVENTS:
2,693
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jun 30, 2:30 PM EST
Kalshi
These markets track the daily settlement price of WTI crude oil on June 30, 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 30, 2026, using the August 2026 contract or the nearest listed contract month active on that date. Contract months follow standard exchange symbology and are named after their delivery month rather than expiration date. The active contract month rolls forward to the next contract two business days before the current contract's last trading day. For example, if the May 2026 contract's last trading day is April 28, the active month switches from May to June on April 26. The settlement value is rounded to the nearest two decimal places. If no data is published by the specified source agency on June 30, 2026, the most recently available published settlement data will be used to resolve all markets. Each market resolves Yes if the settlement price exceeds its specified threshold in USD per barrel, and No otherwise.
Prediction market odds often diverge from traditional analyst forecasts because they reflect real-money incentives and continuous price discovery rather than periodic published reports. Traders in this market incorporate the latest supply disruptions, demand signals, and macroeconomic shifts faster than consensus estimates update. While energy analysts may issue quarterly or annual outlooks, prediction markets reprice continuously as new information arrives. Comparing the implied probability here to major investment banks' oil price targets can reveal where the crowd sees asymmetric risk—particularly around geopolitical shocks or unexpected production changes that analysts may have underweighted.
On Kalshi, this market is priced through a continuous order-book mechanism where traders buy and sell shares corresponding to different price brackets 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 outcome bracket trades independently, and the bid-ask spread reflects the market's confidence in that price range. As new information surfaces—OPEC announcements, inventory reports, or geopolitical tensions—traders adjust their positions, moving prices in real time. The platform's matching engine ensures transparent price discovery and fair execution across all participants.
This market resolves around Jun 30, 2026, when the final WTI crude oil settlement price for that date becomes verifiable from credible public sources. The outcome is determined by the official closing price reported by major energy exchanges and financial data providers on that day. Once the price is confirmed and falls within one of the predefined brackets, the corresponding outcome is declared and payouts are distributed to holders of winning shares. No further trading occurs after the market closes.
Major catalysts include OPEC production decisions, U.S. inventory reports, geopolitical tensions in the Middle East or Russia, and shifts in global demand tied to economic growth or recession signals. Unexpected supply disruptions—refinery outages, pipeline incidents, or sanctions—can spike prices sharply. Conversely, recession fears or aggressive central bank tightening can depress crude demand and push prices lower. Dollar strength also influences oil, since crude is priced in dollars globally. Traders monitor weekly EIA data releases, Fed policy signals, and headline risk closely, as any of these can trigger rapid repricing in this market.