SimpleFunctions
ClosedLast odds shown below are frozen at close (Jun 18, 2026). Future questions tracked on /odds.
10 source contracts·Polymarket 10·closed just now·Closes Jan 1, 2027 · 197d

Crude Oil all time high by April 30

Liquidity-weighted aggregate sits at 20% across 10 Polymarket contracts.

Implied probability

20%
0%50%100%

Kalshi

not bound

Polymarket

20%

10 contracts

Cross-venue gap

single venue

24h move

no pin

24h volume

$5K

10 contracts

Closes

Jan 1, 2027

197 days

30-day trend

0%50%100%-30d-3w-2w-1wtodayAggregate: 80% (30 days, 30 points)Aggregate: 80% on 2026-06-18
Aggregate of 10 contracts · 30d

Bracket families

5 clusters across 10 contracts.

These contracts were grouped by title similarity. The headline aggregate combines all clusters; verify the cluster you actually need before quoting a number.

Analysis

This probability reflects market expectations that crude oil will reach a new all-time high before April 30, 2027. The current 27% level suggests traders view this as unlikely but plausible within the next 11 months. The main drivers are geopolitical supply disruptions and global demand trends—oil would need significant supply constraints or demand surges to break prior records, whereas improved supply or economic slowdown would lower odds. The resolution hinges on actual prices tracking against historical highs, with ongoing Middle East tensions, OPEC production decisions, and macroeconomic data from major consuming nations providing continuous signals until the deadline.

  • Crude oil's previous all-time high (around $147 in July 2008) sets a fixed target; current prices and forward curves indicate the gap traders believe unlikely to close
  • Geopolitical events affecting major producers (Middle East, Russia, or other supply centers) could rapidly shift odds upward within days
  • US crude oil reserve levels shown in related contracts suggest tight supply conditions, which would support higher prices if demand remains steady
  • Global recession or demand destruction would mechanically reduce probability, whereas sustained economic growth in China and India could support it
  • The 11-month timeframe allows for seasonal and cyclical variation, but no single scheduled event determines outcome—odds depend on accumulated data releases and market developments

What moved the line

  • Jun 15$7510pp8575¢ · Polymarket
  • Jun 12$755pp8782¢ · Polymarket
  • Jun 16$755pp7570¢ · Polymarket
  • Jun 13$754pp8286¢ · Polymarket
  • Jun 18$754pp6763¢ · Polymarket

Recently closed in oil

These markets stopped trading. Last odds and any captured outcome are shown above — full settlement detail lives at the venue.

More like this

Other questions in oil.

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.

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