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Winner-take-all answer·10 source contracts·Kalshi 10·refreshed just now·Closes Dec 31, 2026 · 99d

Will the maximum WTI front month settle price reach $115.01 by Dec 31, 2026

Leader sits at 34% across 10 bound outcomes, runner-up at 29%. This is a winner-take-all market — the headline is the leader’s price, not an arithmetic mean.

Leader probability

34%

$115.01 or above

runner-up 29¢leader 34¢

Outcomes

10

winner-take-all

Runner-up

29¢

$120.01 or above

Spread

5pp

contested

24h volume

$41K

liquid

Closes

Dec 31, 2026

99 days

Venue

Kalshi

10 bound

30-day trend

0%50%100%-30d-3w-2w-1wtoday$115.01 or above: 41% (23 days, 22 points)$115.01 or above: 41% on 2026-09-19$120.01 or above: 35% (23 days, 23 points)$120.01 or above: 35% on 2026-09-19$125.01 or above: 27% (23 days, 17 points)$125.01 or above: 27% on 2026-09-19
$115.01 or above41¢$120.01 or above35¢$125.01 or above27¢
Top 3 candidates by current price · 23d

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 estimates a 42% probability that WTI crude oil's front-month contract will reach at least $115.01 at some point before the end of 2026. The current price level and geopolitical risk appetite are the primary drivers of this probability. Oil prices respond strongly to expectations about global supply disruptions, demand destruction from economic slowdowns, and OPEC production decisions. The probability would rise if markets price in significant supply-side risks or fall if demand weakens further. Key upcoming catalysts include quarterly GDP data, OPEC+ meeting announcements, and any major geopolitical escalation affecting production. The pricing suggests traders view a $115 print as moderately likely but not the base case, with substantially lower odds for higher price targets like $135 or $180.

  • WTI front month is currently trading roughly $10-20 below the $115.01 threshold, requiring an 8-20% rally from typical recent price ranges
  • OPEC+ production decisions and compliance rates directly influence supply expectations; their next scheduled meetings will affect near-term price direction
  • Seasonal demand patterns peak in late summer and early winter; winter heating demand through Q4 2026 could create upside price pressure
  • Recent 24-hour volume of $47,884 on the $115 contract represents the highest among all price-level outcomes, indicating active trader interest and disagreement on the outcome
  • Economic recession signals or demand destruction from slower growth would push probabilities downward, while supply disruptions or supply-cut announcements would push upward

What moved the line

  • Sep 17$120.01 or above7pp3441¢ · Kalshi
  • Sep 17$115.01 or above6pp4248¢ · Kalshi
  • Sep 17$125.01 or above5pp2934¢ · Kalshi
  • Sep 18$115.01 or above4pp4844¢ · Kalshi
  • Sep 18$125.01 or above4pp3430¢ · 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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