TOTAL VOLUME:
$147.7b
24H VOL:
$142,434,704
24H TRANSACTIONS:
2,815,744,871
OPEN INTEREST:
$1,796,809,138
499,610
Markets across
37,477
events
MATCHED EVENTS:
2,829
PLATFORM COVERAGE:
5
Polymarket:
38%
VS.
Kalshi:
62%
Closed: Oct 14, 2:30 PM EST
Kalshi
The future price of WTI crude oil is a key indicator reflecting global supply-demand dynamics, geopolitical tensions, and economic forecasts. Tracking its value at specific future dates helps stakeholders anticipate market shifts and make informed decisions about energy investments and policies.
All markets resolve based on the daily settlement price of the WTI crude oil November 2026 contract on October 14, 2026. Each market has a unique threshold price; if the settlement price exceeds the respective threshold, the market resolves to 'Yes.' Settlement uses the nearest listed contract month, rolling forward two business days before the current contract's last trading day. Prices are rounded to the nearest cent. If data is unavailable for the specified date, the most recent published price is used. The contract and month naming follows standard exchange symbology, referencing the delivery month rather than the expiration date.
Currently, prediction market odds often reflect a different perspective than traditional analyst forecasts. While analysts frequently rely on economic models and geopolitical assessments, this market aggregates the wisdom of the crowd, representing a diverse range of informed opinions. It’s common to see discrepancies, particularly when unexpected events or ‘black swan’ scenarios are considered. This market provides a real-time, financially-motivated forecast, which can diverge from static analyst predictions, offering a unique signal about potential oil price movements.
On Kalshi, this market is priced using a continuous double auction. Traders buy and sell contracts representing different price ranges for WTI crude oil on the settlement date. The price of each contract reflects the market’s collective assessment of the probability that the actual oil price will fall within that range. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. As more traders participate and new information becomes available, the prices adjust dynamically, providing a constantly updated forecast. The market depth and order book are visible on the Kalshi interface, allowing traders to assess liquidity and potential price movements.
This market resolves around Oct 14, 2026, with the outcome confirmed once the official WTI crude oil price on that date is verifiable from credible public reporting. The settlement price will be based on the closing price of the West Texas Intermediate crude oil futures contract on Kalshi’s designated exchange. This ensures a transparent and objective determination of the outcome, reflecting the actual market conditions at the time of resolution. Traders will then be paid out based on whether their predictions aligned with the final settled price.
Numerous factors could significantly impact this market between now and Oct 14, 2026. Geopolitical events, such as conflicts in major oil-producing regions or changes in OPEC+ production policies, are key drivers. Unexpected economic data releases, particularly those related to global demand or inflation, can also cause substantial price swings. Furthermore, major technological advancements in energy production, like breakthroughs in renewable energy or shale oil extraction, could influence long-term oil price expectations and therefore move this market. Weather events impacting oil infrastructure are also potential catalysts.