TOTAL VOLUME:
$134.2b
24H VOL:
$126,324,530
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,434,646,834
406,019
Markets across
30,401
events
MATCHED EVENTS:
2,689
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
$
The future price of WTI crude oil is a key indicator reflecting global energy demand, supply dynamics, and geopolitical factors. Tracking its value at specific future dates helps stakeholders anticipate economic conditions and make informed decisions regarding energy investments and policies.
All markets resolve based on the daily settlement price of the November 2026 WTI crude oil contract on September 29, 2026. Each market has a unique threshold price, and if the settlement price exceeds that 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 two decimal places. If data is unavailable for the specified date, the most recently published data is used for resolution.
Currently, prediction market odds often reflect a different perspective than traditional analyst forecasts. While many analysts rely on econometric models and geopolitical assessments, this market aggregates the insights of a diverse group of traders. This can lead to discrepancies, particularly when unexpected events or shifts in sentiment occur. It's common to see this market anticipate changes before they are fully reflected in consensus analyst estimates, offering a potentially valuable alternative viewpoint on the future price of oil. Comparing these views can provide a more nuanced understanding of potential outcomes.
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 specified date. The price of each contract reflects the probability of that price range being the actual settlement price. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. As more traders participate, the prices adjust to reflect the collective expectation. This dynamic pricing mechanism allows the market to quickly incorporate new information and adjust its forecasts accordingly, making it a real-time assessment of future oil prices.
This market resolves around Sep 29, 2026, with the outcome confirmed once the actual WTI crude oil price on that date is verifiable from credible public reporting. The settlement will be based on the front-month WTI crude oil futures contract price as reported by the CME Group. Traders will then be paid out based on whether their predicted price range aligns with the final settled price. The market's resolution provides a clear and objective assessment of the accuracy of the collective forecast.
Numerous factors could significantly impact this market. 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 shifts. Furthermore, major technological breakthroughs in energy production, like advancements in renewable energy or oil extraction techniques, could influence expectations. Finally, significant weather events impacting oil infrastructure or transportation routes could also move this market considerably.