TOTAL VOLUME:
$154.6b
24H VOL:
$323,326,361
24H TRANSACTIONS:
2,984,640,614
OPEN INTEREST:
$1,969,435,260
419,363
Markets across
40,411
events
MATCHED EVENTS:
4,612
PLATFORM COVERAGE:
5
Polymarket:
37%
VS.
Kalshi:
63%
$
These markets ask whether WTI Crude Oil will close above a specified price on November 2, 2026. The price thresholds vary across different markets, ranging from $95.49 to $109.99. Resolution depends on the daily settlement price of the December 2026 WTI crude oil contract.
WTI Crude Oil (WTI) closes above ___ on November 2?
All markets resolve based on the daily settlement price of the December 2026 WTI crude oil contract on November 2, 2026. Each market has a unique threshold price; if the settlement price exceeds the respective threshold, the market resolves to 'Yes,' otherwise to 'No.' 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 price is used for resolution.
Prediction market prices often reflect a 'wisdom of the crowd' that can differ from individual analyst forecasts. While analysts may have specific models and biases, this market incorporates the aggregated opinions of many traders, potentially leading to more accurate predictions. It's important to note that prediction markets are forward-looking, representing expectations about future events, whereas analyst forecasts can be based on current data and may not fully account for unforeseen circumstances. Comparing the implied probability in this market to consensus analyst estimates can offer a valuable perspective on market sentiment.
Polymarket and Kalshi can show different implied probabilities for the same outcome because of liquidity, fee structure, participant mix, and how each venue defines the contract. Differences in trading volume, user base, and platform-specific rules can contribute to price discrepancies between Polymarket and Kalshi. For example, differing liquidity levels can lead to price slippage on one platform versus the other. Additionally, the types of traders active on each platform may vary, influencing their collective assessment of the likelihood of the outcome. Currently, Polymarket currently favors WTI Crude Oil (WTI) closes above $109 on November 2? at 14.1%, while Kalshi leans toward Will the WTI crude oil settlement price be above 95.49 USD/Bbl on Nov 2, 2026? at 99.0%.
This market resolves around Nov 2, 2026, with the outcome confirmed once the event is verifiable from credible public reporting. The final price of WTI crude oil will be assessed against the predetermined threshold to determine whether the market settles in favor of the outcome that the price closes above the specified level. Traders should monitor relevant news sources and commodity price data as the resolution date approaches to stay informed about potential market movements.
Several factors could significantly impact the price of WTI crude oil and, consequently, this market. Geopolitical events, such as conflicts in oil-producing regions or changes in OPEC+ production policies, are major catalysts. Economic data releases, particularly those related to global economic growth and demand, can also influence prices. Unexpected supply disruptions, like refinery outages or pipeline issues, could cause price spikes, while a stronger US dollar generally puts downward pressure on oil prices. Traders should closely watch these indicators as Nov 2, 2026 approaches.