SimpleFunctions
KalshiMay 15, 20264 days left

Will the brent crude oil close price be above 104.99 USD/Bbl on May 15, 2026 at 5:00 PM EDT?

By SimpleFunctions· Last verified 11 May 2026Methodology

This contract is priced at 50¢ on Kalshi. Current book: 47¢ bid, 49¢ ask, 2¢ spread.

Implied probability

50¢
$841 volume
$747 liquidity
9% of event volume

Event outcomes

16

Family volume

$9K

Best sibling

above $114.99 13¢

Ticker

KXBRENTW-26MAY1517-T104.99

Market snapshot

above $104.99 in market context.

This page tracks the Kalshi contract for Will the brent crude oil close price be above 104.99 USD/Bbl on May 15, 2026 at 5:00 PM EDT?. The displayed quote is 50¢ from the latest venue quote. The cached market record reports 24h volume of $321. In the Will the brent crude oil close price be above family, this outcome ranks #9 of 16 by current quote across 16 sibling outcomes. The indicator bundle was refreshed May 11, 2026, 7:23 PM UTC.

Outcome

above $104.99

Family rank

#9 of 16

Venue

Kalshi

Current quote

50¢

Quote source

Latest venue quote

Timing

Listed until May 15, 2026

24h volume

$321

Family context

16 outcomes · Will the brent crude oil close price be above

Quote range

4¢-98¢

Family leader

above $80.99 98¢

Last updated

May 11, 2026, 7:23 PM UTC · 5m ago

Venue identifier: KXBRENTW-26MAY1517-T104.99. Family volume: $9K.

Price history

50¢ current

+29¢
25¢50¢75¢100¢
May 8, 2026May 11, 2026

Orderbook snapshot

47 / 49¢

Kalshi
2¢ spread
BidSize
47¢25
46¢200
42¢159
41¢145
39¢860
AskSize
49¢810
50¢200
53¢60
54¢41
55¢4.1K

Contract terms

Resolution, venue, and identifiers.

Resolution rules

If the close price of the 1-minute candlestick for brent crude oilusing the BRENTN6 contract on May 15, 2026 at 5:00 PM EDT is above 104.99 USD/Bbl, then the market resolves to Yes.

Venue

Kalshi

Closes

May 15, 2026

Identifier

KXBRENTW-26MAY1517-T104.99

SF Signal
SF Index
9689.25
Regime
taker

Indicators

Yield, cliff risk, volatility, and regime.

CRI

1

VR

0.77

IAR

4.3/h

Overround

10.0%

LAS

0.04

Regime

taker

Score

0.636

Observability

direct

Event type

financial

Full indicator table

1
VR
0.77
IAR
4.3/h
Overround
10.0%
LAS
0.04

Odds pages

Related prediction questions

Browse odds

Related readings

Matched from SimpleFunctions blog, opinions, technical guides, concepts, and learn pages.

Browse library
Blogmacro

Venezuela Oil Production, PDVSA 2026 Sanctions & Prediction Markets: What the Odds Are Really Pricing In

In-depth analysis of Venezuela oil production and PDVSA through 2026, U.S. sanctions and Chevron licenses, China/Russia oil-for-loans, infrastructure constraints, and how prediction markets are pricing future Venezuelan supply.

Bloggeopolitics

US Oil Sanctions on Venezuela, Iran, and Russia in 2026: How Prediction Markets Are Pricing the Next Shock

A deep-dive into US oil sanctions on Venezuela, Iran, and Russia heading into 2026—covering Trump 2.0 policy, secondary sanctions, shadow fleets, global oil balances, European energy security, India/China behavior, and how prediction markets are pricing the next shock.

Blogmarkets

Kalshi vs Polymarket: Which Prediction Market Should You Trade?

In-depth comparison of Kalshi and Polymarket for prediction market traders. Regulatory structure, liquidity, fees, API tooling, and cross-venue trading with SimpleFunctions.

Blogmacro

Global Oil Prices 2026: OPEC, Venezuela, Iran & Prediction Markets in Focus

Deep‑dive on global oil prices in 2026: how OPEC+ cuts, Saudi strategy, Venezuela and Iran sanctions, U.S. shale, and China’s demand shape Brent—and what prediction markets are pricing in.

Opinioncomparison

Kalshi vs Polymarket: Mechanics, Fees, Regulation, Liquidity (2026)

Side-by-side comparison of Kalshi and Polymarket in 2026. Fee math, calibration data, withdrawal speed, and a decision tree for picking the right venue.

Opinionanalysis

Volatility Arbitrage in Prediction Markets: Why Political Favorites Above 60¢ Are Systematically Underconfident

A binary contract at price p has variance p(1-p). Le 2026 (292M trades) finds political markets underconfident at slopes 0.93-1.83 — meaning a 70¢ contract corresponds to a true probability near 83%. Four systematic vol-arb trades follow from the calibration evidence.

SimpleFunctions context

Index, screen, query, and monitor.

Open index

How we compute these odds

SimpleFunctions aggregates live prediction-market contracts from Kalshi and Polymarket. Each slug groups contracts that resolve on the same underlying event, identified by venue event_id.

For binary slugs, the headline probability is the liquidity-weighted mid-price across all bound contracts. For multi-outcome slugs (e.g. elections with 3+ candidates), the headline is the leader’s price; we never arithmetically average disjoint outcomes — that would produce a number with no real-world meaning.

Snapshots refresh every 5 minutes during market hours; daily aggregates are computed at 04:00 UTC. The 30-day sparkline is drawn from per-ticker daily means stored in market_indicator_daily; 24h delta and movement events are derived from the same source.