76% — WTI Oil Price
Leader: $73 or above at 76% · Kalshi 76% · 20 contracts · $3K volume · medium confidence
Updated 2026-09-08 14:20:25 UTC

Tracks the leading outcome in a winner-take-all prediction market set with 20 outcomes.

Why this matters:
Markets are pricing a 93% probability that WTI crude oil will settle above $71.99/barrel on June 22, 2026—two days from now. This high confidence reflects the narrow time window: with only 48 hours until settlement, price discovery is constrained by immediate supply-demand conditions and overnight trading activity rather than longer-term fundamentals. The probability's strength suggests traders expect the oil price to remain in a relatively stable range rather than experience a sharp selloff. The main downside risks would be unexpected inventory builds, demand-destruction signals, or geopolitical de-escalation. Upside catalysts would include supply disruptions or demand surprises. Since the settlement occurs in 2 days, the outcome depends primarily on the June 21-22 commodity market close and any economic data or policy announcements released in that window.

Key factors:
- The 93% probability reflects a very short settlement window (2 days), limiting exposure to major new information and anchoring price to current market levels
- High-volume contracts at $75.99 and $76.99 show most trader conviction in the $76+ range, while the $82.99 contract trades at only 7 cents, indicating low probability of sharp upside moves
- Kalshi's multi-outcome structure means this reflects relative confidence in the $71.99 band specifically versus lower thresholds, not an outright directional bet
- Overnight crude trading and any DOE inventory report released before June 22 settlement would be the primary catalysts for meaningful repricing
- The 48-hour timeframe essentially freezes longer-term supply and geopolitical factors out of the pricing equation

Contracts:
- Will the WTI front-month settle oil price  be >72.99 on Nov 3, 2026?: $73 or above — 76¢ Kalshi $705 (weight 23%)
- Will the WTI front-month settle oil price  be >73.99 on Nov 3, 2026?: $74 or above — 76¢ Kalshi $12 (weight 0%)
- Will the WTI front-month settle oil price  be >74.99 on Nov 3, 2026?: $75 or above — 67¢ Kalshi $82 (weight 3%)
- Will the WTI front-month settle oil price  be >76.99 on Nov 3, 2026?: $77 or above — 67¢ Kalshi $69 (weight 2%)
- Will the WTI front-month settle oil price  be >80.99 on Nov 3, 2026?: $81 or above — 59¢ Kalshi $63 (weight 2%)
- Will the WTI front-month settle oil price  be >81.99 on Nov 3, 2026?: $82 or above — 55¢ Kalshi $268 (weight 9%)
- Will the WTI front-month settle oil price  be >82.99 on Nov 3, 2026?: $83 or above — 48¢ Kalshi $356 (weight 12%)
- Will the WTI front-month settle oil price  be >83.99 on Nov 3, 2026?: $84 or above — 48¢ Kalshi $227 (weight 7%)
- ... and 12 more

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## Methodology

SimpleFunctions aggregates live YES-side prices from Kalshi and Polymarket contracts bound to this question. For binary topics the headline is the liquidity-weighted mid-price (weight = log(1 + 24h volume) × freshness, where freshness is 1.0 if updated <24h, 0.7 if <7d, 0.4 otherwise). For multi-outcome (winner-take-all) topics the headline is the current leader's price — disjoint outcomes are never arithmetically averaged. Snapshots refresh every 5 minutes during market hours.

## SF Signal

- SF Index, regime, and 30d Brier calibration are computed separately and surfaced at https://simplefunctions.dev/admin/calibration.
- No SimpleFunctions index / regime / calibration signal is bound to this topic yet — the headline above is market-derived only.

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*Last verified: 2026-09-08T13:20:50.185Z*

By SimpleFunctions — https://simplefunctions.dev/

Cite as: "76% per prediction markets (SimpleFunctions, September 2026)"
Canonical: https://simplefunctions.dev/answer/oil-price-wti
Full data: https://simplefunctions.dev/api/public/query?q=WTI%20Oil%20Price
Provider: SimpleFunctions — https://simplefunctions.dev