TOTAL VOLUME:
$92.8b
24H VOL:
$243,545,294
24H TRANSACTIONS:
886,147,118
OPEN INTEREST:
$2,067,845,451
781,156
Markets across
13,746
events
MATCHED EVENTS:
871
PLATFORM COVERAGE:
5
Polymarket:
46%
VS.
Kalshi:
54%
Time left: 03d:06h:09m
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This event group tracks whether WTI Crude Oil prices move up or down on July 13, 2026. Kalshi offers 30 binary contracts at fixed price thresholds (64.49–78.99 USD/Bbl), while Polymarket offers a single relative-movement contract comparing July 13's close to the prior trading day's close. The two platforms measure fundamentally different outcomes.
This market will resolve to "Up" if the Close price for the Active Month of WTI Crude Oil futures on July 13, 2026, is higher than the Close price for the Active Month of WTI Crude Oil futures on the most recent prior trading day. This market will resolve to "Down" if the Close price for the Active Month of WTI Crude Oil futures on July 13, 2026, is lower than the Close price for the Active Month of WTI Crude Oil futures on the most recent prior trading day. E.g., ordinarily, a market on Monday would refer to the previous Friday for its most recent closing price, unless Friday were not a trading day under the applicable trading-hours schedule, in which case it would refer to the next most recent prior trading day. For a standard full trading session, the closing price refers to the Pyth "Close" value of the 1-minute candle corresponding to the final minute of regular trading hours on the primary exchange. Closing prices will be used exactly as published by Pyth, without rounding. If the two specified closing prices are exactly equal, if the Active Month contract does not trade at all during the relevant trading session, or if the listed date is not a trading day under the applicable trading-hours schedule, the market will resolve 50-50. For the purposes of this market, trading days will be determined according to the applicable trading hours schedule for the underlying market. Under the standard schedule, trading is open from 6:00:00 PM ET Sunday through 5:00:00 PM ET Friday, with a daily break from 5:00:00 PM ET to 6:00:00 PM ET, except where modified by holiday or special-session hours. Per CME contract specifications for WTI Crude Oil (CL) futures, a contract's last trading day is three business days prior to the 25th calendar day of the month preceding the contract's delivery month (or four business days prior if the 25th calendar day is not a business day). The active month changes at the start of the second trading session prior to the nearest listed contract's last trading session. At that point, the next listed contract becomes the active month (i.e., for the final three trading sessions of the nearest listed contract, the contract for the next month is the active month). The trading session for a given business day typically begins at 6:00 PM ET on the prior calendar date. For example, if the 25th of the month is a Saturday, the last trading session for the nearest listed contract is the session for Tuesday the 21st, and the next listed contract becomes the active month at the start of the trading session for Friday the 17th (6:00 PM ET on Thursday), assuming a standard trading calendar. Both closing prices will reference the same underlying contract, specifically the contract that is considered the Active Month at the end of the trading session on the specified date. If either of the relevant days has no valid Pyth Close value for the 1-minute candle corresponding to the end of regular trading hours on the primary exchange, the market will use the last valid Pyth price achieved during the regular trading hours of the primary exchange as the effective closing price. If no valid Pyth price exists for that trading day due to a system outage, data failure, or other technical disruption, the official settlement price published by the primary exchange on which the listed security trades will be used to determine the closing price for that day. In the event of a contract specification change, feed change, or similar structural modification affecting the underlying market during the listed time frame, this market will resolve based on adjusted prices as displayed on Pyth. The resolution source for this market will be Pyth, specifically the "Close" values for the relevant 1-minute candles for the Active Month of WTI Crude Oil futures available at https://pythdata.app/explore?search=WTI. Historical 1-minute candles may be accessed by appending a Unix timestamp (seconds) to the Pyth chart URL using the "t=" parameter.
Resolution is determined by the daily settlement price of the WTI crude oil August 2026 contract on July 13, 2026, measured in USD per barrel and rounded to the nearest two decimal places. The active contract month follows standard exchange conventions, rolling forward to the next contract month two business days before the current contract's last trading day. For example, if the May 2026 contract expires on April 28, the active contract switches from May to June on April 24. Contract names reflect their delivery month rather than expiration date. If no settlement data is published by the specified source on the resolution date, the most recently available published data will be used instead.
Prediction markets operate on real money and reputational incentives, which often produce forecasts that diverge from traditional analyst consensus. While oil analysts may rely on fundamental models, inventory data, and geopolitical assessments, traders in this market price in live sentiment, positioning, and tail-risk expectations. Prediction market odds tend to update faster than consensus revisions and can reflect minority views that later prove prescient. Comparing the current odds here to published analyst price targets reveals whether the market is pricing in more bullish or bearish scenarios than the mainstream view.
Polymarket and Kalshi may show different odds on the same event due to variations in trader composition, liquidity depth, fee structures, and market design. 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. One venue may attract more retail traders while the other draws institutional flow, leading to different price discovery. Liquidity imbalances, regional time-zone activity, and platform-specific incentives can also cause temporary divergence. Comparing both venues helps identify whether a price gap reflects genuine disagreement or simply thinner order books on one side of one platform.
This market resolves around Jul 13, 2026, once the trading day closes and WTI settlement data is finalized. The outcome is determined by comparing the closing price on that date to establish whether crude moved up or down. Resolution is confirmed once the result is verifiable from credible public reporting on energy markets. Traders holding positions through the end date will see their bets settled based on the actual price movement recorded on the specified day.
Major catalysts include OPEC production announcements, US crude inventory reports, geopolitical developments affecting supply routes, and macroeconomic data on inflation and interest rates. Unexpected refinery outages, hurricane activity in the Gulf of Mexico, or shifts in global demand sentiment can trigger sharp repricing. Central bank communications and currency moves also influence oil valuations. Traders monitor real-time news flow and technical levels closely; any surprise that alters near-term supply or demand expectations will likely shift the odds significantly before the market closes on the resolution date.
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