SimpleFunctions
KalshiMay 15, 20264 days left

Will the brent crude oil close price be above 96.99 USD/Bbl on May 15, 2026 at 5:00 PM EDT?

By SimpleFunctions· Last verified 11 May 2026Methodology

This contract is priced at 81¢ on Kalshi. Current book: 78¢ bid, 81¢ ask, 3¢ spread.

Implied probability

81¢
$448 volume
$358 liquidity
5% of event volume

Event outcomes

16

Family volume

$9K

Best sibling

above $114.99 13¢

Ticker

KXBRENTW-26MAY1517-T96.99

Market snapshot

above $96.99 in market context.

This page tracks the Kalshi contract for Will the brent crude oil close price be above 96.99 USD/Bbl on May 15, 2026 at 5:00 PM EDT?. The displayed quote is 81¢ from the latest venue quote. The cached market record reports 24h volume of $184. In the Will the brent crude oil close price be above family, this outcome ranks #5 of 16 by current quote across 16 sibling outcomes. The indicator bundle was refreshed May 11, 2026, 7:23 PM UTC.

Outcome

above $96.99

Family rank

#5 of 16

Venue

Kalshi

Current quote

81¢

Quote source

Latest venue quote

Timing

Listed until May 15, 2026

24h volume

$184

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-T96.99. Family volume: $9K.

Price history

81¢ current

+31¢
25¢50¢75¢100¢
May 8, 2026May 11, 2026

Orderbook snapshot

78 / 81¢

Kalshi
3¢ spread
BidSize
78¢18
77¢202
76¢25
74¢60
73¢4.0K
AskSize
81¢54
82¢200
89¢314
90¢4.1K
94¢175

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 96.99 USD/Bbl, then the market resolves to Yes.

Venue

Kalshi

Closes

May 15, 2026

Identifier

KXBRENTW-26MAY1517-T96.99

SF Signal
SF Index
33761.87
Regime
neutral

Indicators

Yield, cliff risk, volatility, and regime.

CRI

4

VR

1.16

IAR

4.5/h

Overround

10.0%

Regime

neutral

Score

0.341

Observability

low

Event type

financial

Full indicator table

4
VR
1.16
IAR
4.5/h
Overround
10.0%

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.