SimpleFunctions
Predictions/Oil & Energy
Bullish·Live · refreshed every 15min

Oil & Energy Prediction Market Odds

Brent Crude surged towards $76 as short-term bullish probabilities spiked to 98 percent

Active markets

12

Avg probability

43%

24h volume

$52K

Questions tracked

17

Key Moves

Brent Close >$67.99 (July 10)+76c to 98c

Market now views this as a near-certainty

Brent Close >$71.99 (July 10)+75c to 97c

Reflects a violent upward shift in price floor expectations

Brent Close >$75.99 (July 10)+48c to 69c

Indicates growing conviction in a higher price ceiling for the week

US Strategic Petroleum Reserve (316M+ bpd)-35c to 11c

Expectations for higher reserve inventory have largely collapsed

Key Markets

Specific odds in this topic

9 more questions · browse all

Analysis

Oil prices demonstrated strong upward momentum over the last 24 hours, with critical Brent benchmarks for mid-July seeing aggressive buying. Market participants significantly downgraded the likelihood of higher Strategic Petroleum Reserve levels, suggesting a tightening supply environment or tactical drawdowns.

What to watch: Watch for the July 10 Brent close price to see if it sustains the $76 level and monitor the next round of US production data for 14.10M bpd targets.

Dispatches

Oil Prices Surge 4% as Energy Markets Price in Sustained $70+ Crude

WTI crude oil rallied 4% today, with prediction markets showing 84% probability of prices staying above $70.49 through July 10. The energy sector (XLE) gained 1.87%, while stock markets were mixed. Traders are increasingly pricing in a meaningful chance of a major supply disruption, with the $115+ spike contract for year-end trading at 31¢.

Jul 9full analysis

Gold Shines as Dollar Dips: Commodity Markets Signal Risk-Off Shift

Gold surged 2.14% as the dollar weakened, signaling a potential flight-to-safety move in commodities. Traders should watch the KXGOLDD and KXWTI markets for price direction.

Jul 4full analysis

Bearish Oil Bets Surge as Iran Optimism Grows

The probability of crude oil (WTI) falling below $75 by end of June has skyrocketed 47 points to 89¢, with a 37% chance of hitting below $70. This is a direct response to the increased optimism around an Iran nuclear deal, which could bring significant Iranian oil supply back to the market.

Jun 17full analysis

Oil Traders Pivot to Bearish as Geopolitical Risk Premium Erodes

As the US-Iran peace deal narrative strengthens, oil markets are repricing lower. The probability of crude oil falling below $80 by end of June surged 17¢ to 81¢, while expectations for a rally above $120 collapsed. The VIX fell 4.41%, confirming a broader 'risk-on' shift that typically accompanies a reduction in geopolitical tensions.

Jun 15full analysis

Oil Markets React to Hormuz Tensions as WTI Settlement Approaches

Crude oil prediction markets saw increased activity as the Strait of Hormuz blockade news intersected with Iran diplomacy. The probability of WTI settling above $81 on June 15 stands at 71¢, while the chance of crude dropping to $70 by month-end rose 10¢ to 18¢.

Jun 14full analysis

Oil Plunges as Hormuz Blockade Easing Priced In

Crude oil markets are moving sharply lower, with USO falling 4.64% and the 'WTI below $80 by June 30' contract surging 23¢ to 48¢. The catalyst is the repricing of Strait of Hormuz risk; the 'normal traffic by July 31' contract jumped 18¢ in sympathy with the Iran diplomatic surge. Traders should watch for WTI testing key technical levels if blockade news continues to flow.

Jun 12full analysis

Oil Bears in Control: Crude Downside Bets Surge

Traders are aggressively pricing in a crude oil selloff, with the 'WTI below $85 by June 30' contract jumping 13¢ to 78¢. The USO ETF is down 2.66% today, confirming bearish sentiment despite ongoing Middle East tensions.

Jun 10full analysis

Oil Contracts Surge as Strait of Hormuz Disruption Priced In

Crude oil prediction markets are repricing sharply higher, with the probability of oil hitting $105 by end of June rising 15¢ to 43¢. The Strait of Hormuz return-to-normal contracts remain deeply out of the money, confirming a supply disruption premium is being built in.

Jun 8full analysis

Oil Markets Eye $105 as Iran Risk Premium Holds

Crude oil continues to rally (USO +1.25%) as the probability of WTI hitting $105 by end of June rose 1¢ to 40¢. The decline in the 'oil below $85' contract by 7¢ signals traders are pricing out a near-term resolution to supply concerns.

Jun 3full analysis

Oil Markets Reprice as Hormuz Blockade Endgame Nears

WTI crude contracts are seeing aggressive repricing as the probability of the US lifting the Hormuz blockade by June 30 rises to 70%, up 8¢. The 'WTI ↓ $85' May contract collapsed 43¢, while '↓ $80' fell 5¢. Traders are pricing in a potential supply surge if the blockade ends, but the Iran deal timeline remains uncertain, creating volatility.

May 30full analysis

Trending today

Also Tracking

Track oil & energy in real timenpm i -g @spfunctions/cli && sf query "oil"