Oil

Resolution criteria

This market will resolve based on the price performance of West Texas Intermediate (WTI) crude oil (front-month futures contract, ticker: CL=F) during the month of August 2026.

The baseline price will be the daily closing/settlement price on August 3, 2026. The final comparison price will be the daily closing/settlement price on August 31, 2026.

• Pump: Resolves YES if the closing price on August 31, 2026, is strictly higher than the closing price on August 3, 2026.

• Dump: Resolves YES if the closing price on August 31, 2026, is lower than or equal to the closing price on August 3, 2026.

Source of Truth: Prices will be verified using the historical daily close data for WTI Crude on Yahoo Finance (CL=F) or CNBC.

Note: Because the user prompt is brief, these criteria establish a standard default. The market creator may edit these criteria to specify a different timeframe, baseline, or benchmark (such as Brent Crude).

Background

In late July and early August 2026, oil markets have experienced heightened volatility due to escalating geopolitical tensions in the Middle East, including U.S. military strikes against Iranian targets. On July 31, 2026, WTI crude closed at $84.67 per barrel, capping a monthly gain of over 20% for July. Traders continue to weigh these geopolitical supply risks against global macroeconomic factors and refining constraints.

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