About This Event

Nov 16, 2026 If the daily settlement price for WTI crude oil, December 2026 contract, on November 16, 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 → 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.