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Events
GroupKALSHI

Oil Price (WTI) on Oct 23, 2026?

Oil Price (WTI) on Oct 23, 2026?
Vol

K 0 contracts

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Events

1

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Markets

30

Current odds

Snapshot from

As of Oct 22, 2026, 12:00 AM UTC, the highest-priced outcome on Kalshi is Above $89.99 at 97.5%.

Kalshi

  1. Above $89.9997.5%
  2. Above $89.4997.5%
  3. Above $91.4997%
  4. Above $90.9997%
  5. Above $90.4997%

Yes prices. They are not order quotes; check each platform's rules, fees and live prices before trading.

AI Analysis

Trader mode: Market mechanics, assumptions and risks

K 0 contracts

Reported volume ยท provider units

30

Saved contracts

0

Same-question pairs

Source snapshot: Oct 22, 2026, 12:00 AM UTC

About This Event

Oct 23, 2026 If the daily settlement price for WTI crude oil, December 2026 contract, on October 23, 2026 is above X USD/Bbl, then the market resolves to Yes. Settlement is based on the nearest listed contract month, rolling forward to the next contract 2 business days before the current contract's last trading day. For example, if the May 2026 contract's last trading day is April 28, the active month switches from May โ†’ June 2 business days prior to the expiry date. The settlement contract and corresponding month represent standard exchange symbology where contracts are named after their delivery month, not their expiration date. The settlement value is rounded to the nearest 2 decimal places. If no data is published by the specified source agency for the specified time, then the most recently available published data will be used to resolve the market.

This analysis is awaiting a background update, so its prices may be older than the odds above.

Snapshot observed 2026-10-20T00:00:06.267Z. This analysis describes that snapshot and is not a live news update.

What the contract measures

The supplied rules describe a settlement-based question. The market resolves to Yes if "the daily settlement price for WTI crude oil, December 2026 contract, on October 23, 2026 is X Y USD/Bbl," with the settlement value "rounded to the nearest 2 decimal places" [1]. Each listed market is a separate range or threshold contract for that same event. For example, one market asks whether the settlement will be between 97.00 and 97.99 USD/Bbl, and another asks whether it will be above 111.99 USD/Bbl [1].

The rules also say that if no data is published by the specified source agency at the specified time, "the most recently available published data will be used to resolve the market" [1]. Readers should check this fallback before treating any contract as a simple reading of the settlement value.

Reading the snapshot

The provider observed these prices at 2026-10-20T00:00:06.267Z, and the record was retrieved at 2026-10-20T00:14:15.690Z [1]. These are snapshot prices from that time. They are not executable quotes, and they are not verified probabilities.

The sample contains 12 of 27 markets from one Kalshi event [1]. Within this sample, the Yes prices range from 0.045 to 0.10. The highest sampled Yes price is for the 97.00 to 97.99 range at 0.10, followed by the 98.00 to 98.99 range at 0.095 [1]. The sample does not show the other 15 markets, so it cannot be used to describe the full price field.

The market records list an end date of 2026-10-30T19:30:00.000Z for every sampled contract. The source excerpt separately states that the listed end time was not supplied [1]. The settlement date in the rules is October 23, 2026. Those are different fields, and this comparison does not treat the end date as the settlement date.

What remains uncertain

The evidence does not explain why any price is where it is, and it does not show how many traders hold each view. Trading volume is not a measure of liquidity or participation. The sample is limited to one provider event, so no ranking should be combined with other platforms or events. Contracts with different thresholds should not be compared as if they were one outcome set.

References

  1. Kalshi: Oil Price (WTI) on Oct 23, 2026?. Provider data observed 2026-10-20T00:00:06.267Z.

AI-generated analysis based on market data. Not financial advice.

Saved Oct 20, 2026 UTC

Overview

The contract titled "Oil Price (WTI) on Oct 23, 2026?" is listed on Kalshi [1]. Its rules tie each market to the daily settlement price of WTI crude oil, December 2026 contract, on October 23, 2026 [1]. Under the rules, if that settlement price falls within the stated amount for a given market, that market resolves to Yes [1]. The settlement value is rounded to the nearest 2 decimal places [1]. The markets in this event use price bands expressed in USD per barrel. Examples in the sample include a settlement between 97.00 and 97.99 USD/Bbl and a settlement above 111.99 USD/Bbl [1]. Each market is a separate binary question with its own Yes and No outcome prices [1]. The date in the title is a rule date for the settlement. It is not an announced event or a statement about when a result will be published. The rules also describe a fallback. If no data is published by the specified source agency for the specified time, "the most recently available published data will be used to resolve the market" [1]. The provider status for this event is listed as active [1]. The listed end time was not supplied in the rules excerpt [1]. The sample shows 12 of 27 markets from this event [1]. The included markets were chosen by highest Yes price, and the remaining markets are not shown. The sample therefore cannot be read as the full set of outcomes for this settlement date. Among the included markets, the Yes prices range from 0.045 to 0.10 in the observed data, with the 97.00 to 97.99 band showing the highest included Yes price at 0.10 [1]. These are observed price fields, not executable quotes or verified probabilities.

Historical Context

A Wikipedia chronology of the world oil market describes older price levels for background. It states that from the mid-1980s to September 2003, the inflation-adjusted price of a barrel of crude oil on NYMEX was generally under $25 per barrel, and that prices rose above $40 and then $60 during 2004 [2]. It also reports that prices on June 27, 2008, touched $141.71 per barrel for August delivery on the New York Mercantile Exchange [2]. These figures are historical and do not describe the December 2026 WTI settlement covered by this contract, and they should not be read as current market conditions.

Why It Matters

The contract measures one specific number: the daily settlement price of WTI crude oil, December 2026 contract, on October 23, 2026, rounded to two decimal places [1]. Because each market covers a different price band, the set of markets reflects how traders are pricing the chance that the settlement lands in a given range, as shown by the Yes prices in the observed sample [1]. Those prices are snapshots of a particular moment and do not show liquidity or the number of participants. The contract's value depends on the published settlement data and the fallback rule for missing data [1].

Snapshot context

The latest published provider snapshot for this topic was observed on 2026-10-20 at 00:00 UTC. It contains listings from Kalshi. Market descriptions and listed closing times define the contracts; they do not establish that the real-world outcome has occurred. This article does not include a separately verified news update. [1]

Frequently Asked Questions

What does this contract measure?

It measures the daily settlement price of WTI crude oil, December 2026 contract, on October 23, 2026 [1]. Each market asks whether that settlement falls within a particular price band in USD per barrel [1].

How does a market resolve to Yes?

A market resolves to Yes if the daily settlement price for WTI crude oil, December 2026 contract, on October 23, 2026 falls within the amount named in that market's title [1]. The settlement value is rounded to the nearest 2 decimal places [1].

What happens if the settlement data is not published?

If no data is published by the specified source agency for the specified time, the rules state that the most recently available published data will be used to resolve the market [1].

Do the Yes prices show how likely each outcome is?

The sample lists a Yes price and a No price for each included market [1]. These are observed price fields rather than executable quotes, and they are not treated here as verified probabilities.

Why should the sample be read as partial?

The sample includes 12 of 27 markets from this event, selected by highest Yes price [1]. The other markets are not shown, so the sample does not represent the complete set of outcomes for this settlement date.

Was this helpful?
Saved Oct 20, 2026 UTC

AI-written background. References identify the evidence used; Wikipedia links under Learn More are additional reading. Prices and provider rules are dated snapshots. This is not financial advice.

Prices are catalog snapshots and may have changed. Check each market's rules and observation time.

KalshiCommodities
Oil Price (WTI) on Oct 23, 2026?

Oil Price (WTI) on Oct 23, 2026?

K 44.1K contracts
Will the WTI crude oil settlement price be between 97.00 and 97.99 USD/Bbl on Oct 23, 2026?Yes 12%
Will the WTI crude oil settlement price be between 98.00 and 98.99 USD/Bbl on Oct 23, 2026?Yes 11.5%
Will the WTI crude oil settlement price be between 96.00 and 96.99 USD/Bbl on Oct 23, 2026?Yes 11.5%
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Will the WTI crude oil settlement price be above 90.99 USD/Bbl on Oct 22, 2026?Yes 99.5%
Will the WTI crude oil settlement price be above 90.49 USD/Bbl on Oct 22, 2026?Yes 99.5%
Will the WTI crude oil settlement price be above 91.49 USD/Bbl on Oct 22, 2026?Yes 99%
+27 moreNext deadline Oct 29, 2026 UTC
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US crude oil inventories for the week ending October 23, 2026

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K 0 contracts
Will U.S. commercial crude oil inventories for the week ending Oct 23, 2026 be above 406 million barrels?Yes 89%
Will U.S. commercial crude oil inventories for the week ending Oct 23, 2026 be above 407 million barrels?Yes 87.5%
Will U.S. commercial crude oil inventories for the week ending Oct 23, 2026 be above 408 million barrels?Yes 80.5%
+10 moreNext deadline Nov 4, 2026 UTC
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Wti oil price on Oct 21, 2026 at 9:00 PM ET

Wti oil price on Oct 21, 2026 at 9:00 PM ET

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Will the WTI Oil close price be above 97.69 USD/barrel on October 21, 2026 at 9:00 PM ET?Yes 83.5%
Will the WTI Oil close price be above 97.59 USD/barrel on October 21, 2026 at 9:00 PM ET?Yes 80%
Will the WTI Oil close price be above 97.39 USD/barrel on October 21, 2026 at 9:00 PM ET?Yes 77.5%
+58 moreNext deadline Oct 29, 2026 UTC
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Wti oil price on Oct 21, 2026 at 10:00 PM ET

Wti oil price on Oct 21, 2026 at 10:00 PM ET

K 0 contracts
Will the WTI Oil close price be above 96.29 USD/barrel on October 21, 2026 at 10:00 PM ET?Yes 0%
Will the WTI Oil close price be above 96.39 USD/barrel on October 21, 2026 at 10:00 PM ET?Yes 0%
Will the WTI Oil close price be above 96.49 USD/barrel on October 21, 2026 at 10:00 PM ET?Yes 0%
+58 moreNext deadline Oct 29, 2026 UTC
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How low will WTI oil get by Oct 30, 2026?

How low will WTI oil get by Oct 30, 2026?

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+17 moreNext deadline Nov 6, 2026 UTC

Market Insights

Price gaps of 2 pp+

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Same-question pairs

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No outcomes on this page have been reviewed as the same question on both platforms yet.

Price differences do not establish arbitrage. Check each pair's review, current order prices, fees and settlement rules.

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