Resolution criteria

This market resolves to "YES" if the front-month Brent Crude Oil futures contract price settles at or above $150.00 per barrel on any trading day before January 1, 2026. Otherwise, it resolves to "NO."

Resolution will be based on the official daily settlement price for Brent Crude Oil as reported by the Intercontinental Exchange (ICE). Data can be verified via ICE Brent Crude Futures or Bloomberg Commodities.

Background

Brent Crude is the global benchmark for oil prices. While historical prices peaked near $147 per barrel in July 2008, reaching $150 per barrel would represent an all-time nominal high. Major factors influencing this price point include geopolitical instability in oil-producing regions, decisions by OPEC+ regarding production quotas, and global economic demand shifts.

This description was generated by AI.