This market resolves to the official WTI Crude Oil Spot Price (Cushing, Oklahoma) for the date of March 31, 2026, as reported by the U.S. Energy Information Administration (EIA).
Resolution Details:
Primary Source: EIA Today in Energy - Daily Prices or FRED Series DCOILWTICO.
Data Point: The "Daily" value listed for March 31.
Timing: Betting will close at 11:59 PM ET on March 31 but resolution will occur once the EIA publishes the data (typically the following morning).
Note: This is the Spot Price, not the NYMEX Futures price. If the EIA does not report a price for this specific date (e.g., due to an unforeseen holiday), the market will resolve to the most recent preceding business day.
1,000Buying YES at 70%. WTI spot is ~$98/barrel today, $3+ above the $95 threshold. Iran conflict keeps geopolitical risk premium elevated, OPEC+ production cuts still in effect, and US strategic petroleum reserve at historically low levels limits downside buffer. 12 days to close. Main risk: a ceasefire or diplomatic breakthrough could trigger a rapid selloff, but even a $5 drop from current levels would still be above $95. Estimate ~78%.