TOTAL VOLUME:
$134.1b
24H VOL:
$141,541,542
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,440,096,988
406,065
Markets across
30,522
events
MATCHED EVENTS:
2,692
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: May 28, 5:00 PM EST
Polymarket
This market tracks whether the closing price of WTI Crude Oil futures on the active contract will be higher or lower on May 28, 2026, compared to the previous trading day's close. On Polymarket, the leading outcome currently stands at 10.0%. Resolution will be determined by comparing the closing prices on May 28, 2026, using data from Pyth Network, with the outcome depending on whether the active month WTI contract closes above or below the prior trading day's settlement.
Prediction market odds reflect real-money consensus from traders on Polymarket, while analyst forecasts typically rely on technical analysis, geopolitical assessments, and supply-demand models from energy research firms. Markets often incorporate breaking news and sentiment shifts faster than published analyst reports. Comparing the current market probability to major investment bank forecasts or energy agency outlooks can reveal whether traders are pricing in more bullish or bearish scenarios than the consensus view. This gap sometimes highlights underappreciated risks or opportunities in crude oil direction.
On Polymarket, the WTI Up or Down event is priced as a binary contract where traders buy or sell shares representing "Up" or "Down" outcomes. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The current market probability reflects the collective trading activity and is expressed as a percentage chance. Share prices range from $0.00 to $1.00, with the sum of both outcomes equaling $1.00. As traders place orders, prices adjust in real time based on supply and demand, allowing the market to continuously reprice the likelihood of WTI moving up versus down by the May 28 close.
The market resolves on May 28, 2026, at which point the outcome is determined by WTI's closing price on that date. The event settles based on whether the price closes higher or lower compared to the opening level on May 28. Once the official close is recorded, the winning outcome is confirmed and traders' positions are settled accordingly. This straightforward mechanism ensures clarity and removes ambiguity about the resolution criteria.
WTI price direction on May 28 could be influenced by OPEC production announcements, geopolitical tensions affecting supply routes, U.S. inventory data releases, and macroeconomic indicators like dollar strength and equity market performance. Energy demand signals from manufacturing reports or recession concerns also matter. Unexpected disruptions at major oil facilities, changes in U.S. shale output, or shifts in global growth expectations can trigger sharp moves. Traders monitor these catalysts closely, adjusting their positions as new information emerges and reshaping market odds in the days leading up to resolution.