SimpleFunctions

Will the brent crude oil close price be above 92.99 USD/Bbl on May 08, 2026 at 5:00 PM EDT

Will the brent crude oil close price be above 92.99 USD/Bbl on May 08, 2026 at 5:00 PM EDT is priced at 99¢ on Kalshi. Current book: 0¢ bid, 100¢ ask, 100¢ spread. This page tracks a standalone prediction-market contract.

Price history

99¢ current

+21¢
75¢100¢
May 1, 2026May 8, 2026

Contract brief

If the close price of the 1-minute candlestick for brent crude oilusing the BRENTN6 contract on May 08, 2026 at 5:00 PM EDT is above 92.99 USD/Bbl, then the market resolves to Yes.

Outcome

Will the brent crude oil close price be above 92.99 USD/Bbl on May 08, 2026 at 5:00 PM EDT

Rank

Standalone

Leader

Range

Family volume

$6K

Identifier

KXBRENTW-26MAY0817-T92.99

May 30, 2026, 4:39 PM UTC · 0m ago

Implied probability

99¢
Latest venue quote
May 30, 2026, 4:39 PM UTC · 0m ago

Bid

Ask

100¢

Spread

100¢

Reported volume

$6K

Family rank

Standalone

Standalone contract

Closes

May 8, 2026

Family volume

$6K

Orderbook snapshot

0 / 100¢

Kalshi
100¢ spread
No public depth snapshot is cached for this contract yet.

Contract terms

What resolves this market.

YES condition

If the close price of the 1-minute candlestick for brent crude oilusing the BRENTN6 contract on May 08, 2026 at 5:00 PM EDT is above 92.99 USD/Bbl, then the market resolves to Yes.

Venue

Kalshi

Closes

May 8, 2026

Identifier

KXBRENTW-26MAY0817-T92.99

SF Signal
Regime
taker

Event family

This market.

The same race as a probability stack: rank, volume, and where this contract sits against the other outcomes.

Total volume

$6K

Outcomes

1

Highest price

Will the brent crude oil close price be above 92.99 USD/Bbl on May 08, 2026 at 5:00 PM EDT 99¢

Current share

100%

Indicators

Yield, cliff risk, volatility, and regime.

Regime

taker

Score

0.636

Observability

direct

Event type

financial

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.