SimpleFunctions
Winner-take-all answer·6 source contracts·Kalshi 6·refreshed just now·Closes Jul 8, 2026 · 0d

Will the US Strategic Petroleum Reserve level for the week ending July 3, 2026 be above 314M

Leader sits at 46% across 6 bound outcomes, runner-up at 46%. This is a winner-take-all market — the headline is the leader’s price, not an arithmetic mean.

Leader probability

46%

Above 314M

runner-up 46¢leader 46¢

Outcomes

6

winner-take-all

Runner-up

46¢

Above 316M

Spread

0pp

contested

24h volume

$906

thin orderbook

Closes

Jul 8, 2026

0 days

Venue

Kalshi

6 bound

30-day trend

0%50%100%-30d-3w-2w-1wtodayAbove 314M: 33% (2 days, 2 points)Above 314M: 33% on 2026-07-09Above 316M: 27% (2 days, 2 points)Above 316M: 27% on 2026-07-09Above 318M: 14% (2 days, 2 points)Above 318M: 14% on 2026-07-09
Above 314M33¢Above 316M27¢Above 318M14¢
Top 3 candidates by current price · 2d

Bracket family

How the bracket ladder is priced.

Each row is one outcome on the venue. Sorted by 24h volume — the heaviest book is at the top.

Analysis

This market reflects traders' assessment of whether the US Strategic Petroleum Reserve will hold at least 314 million barrels for the week ending July 3, 2026. At 82% probability, traders view this level as likely. The SPR level fluctuates based on crude oil purchase and sale decisions by the Department of Energy, influenced by oil prices, domestic production needs, and Congressional budget actions. The key driver is whether DOE will continue recent net purchases or shift toward sales or drawdowns. Resolution depends on the official SPR data release from the Energy Information Administration, typically published weekly on Wednesdays, which provides the definitive week-ending inventory figure. Contract pricing across the range (314M to 322M) suggests traders expect reserves somewhere in the 314-318M barrel range, with diminishing confidence at higher levels.

  • Recent SPR net purchase or sale activity and DOE's stated inventory management plans for Q3 2026
  • Oil market prices and whether DOE views current price levels as appropriate for adding to or drawing down reserves
  • Congressional actions or budget provisions affecting SPR fill or sale authorities during 2026
  • The official EIA weekly petroleum status report release date and historical volatility in reported SPR figures
  • Domestic crude oil production levels and refinery demand, which indirectly signal whether strategic reserves are being drawn for market supply

What moved the line

  • Jul 9Above 318M7pp2114¢ · Kalshi
  • Jul 9Above 322M4pp95¢ · Kalshi
  • Jul 9Above 320M4pp106¢ · Kalshi

Recently closed in oil

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

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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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