📈Finance/KALSHI/May 24, 2026
kalshi market

Will the WTI crude oil settlement price be above 102.99 USD/Bbl on May 26, 2026?

PRISM
28.0%
MARKET (PUBLISH)
22.0%
MARKET (SETTLED)
0%
MOVE
-22pp

PRISM detected 6.0pp mispricing — market held

PRISM estimated 28% against the market's 22%. This time, the market was right — a calibration data point.

PRISM MISSED-100% return
ISSUED FORECASTMay 24, 2026 at 6:11 AM
MODERATE · UNDERPRICED+6.0ppPRISM 28% · Market 22%
PRISM
28.0%
VS
MARKET
22.0%
EDGE DETECTED6.0pp
WEAK
MODERATE
STRONG
EXTREME
OUTCOME
NO
FORECAST
MODERATE
DIRECTION
UNDERPRICED
CONFIDENCE
MEDIUM
ACCURACY EDGE
-30
PUBLISHED
May 24, 2026
VIEW LIVE PRISM FORECASTSEdge scoring updated every 2h
1

What happened

This market resolved NO on May 27, 2026. The market's pricing turned out to be more accurate than PRISM's assessment.

Forecast Tape

2 events
  1. May 24, 6:11 AMPUBLISHED

    Prism 28% vs market 22% — MODERATE UNDERPRICED

  2. May 27, 4:30 PMRESOLVED NO

    Resolved NO. Market was closer than Prism on this call.

2

What the market believed

MARKET PRICE · AT FORECAST TIME
22.0%

The market was pricing this event at 22.0% probability when PRISM generated its forecast. PRISM assessed this was too low — the market was underpricing the probability.

3

What PRISM believed

PRISM PROBABILITY
28.0%
EDGE DETECTED
6.0pp
FORECAST
MODERATE UNDERPRICED
Confidence
MEDIUM
Kelly Reference
7.7%
PRISM Sizing (¼ Kelly · cap 5%)
0.5%
PRISM REASONING
  • The forward curve for mid-2026 is significantly below the current spot price, with the relevant futures contract trading near $96.60
  • This creates a substantial gap to close for a YES resolution, despite recent spot strength
FACTORS FOR
  • +Current spot price $112.25 is $9.26 ABOVE target
  • +Geopolitical supply risks remain elevated
FACTORS AGAINST
  • July 2026 futures contract trading ~$96.60, well below threshold
  • Forward curve indicates lower expected future prices
  • Significant backwardation required for settlement above $102.99
RESOLUTION PATHS MODELED
Major supply disruption sharply lifts forward curve before settlement15%
Unexpectedly strong demand forecasts lift 2026 contract prices10%
Market structure and positioning force a short-covering rally3%
Evidence 60%
SOURCES (8)
last week
  • Oil (USCrude) Price Forecast for Today, Tomorrow, Next Week, and ...litefinance.org

    In May 2026, WTI crude oil prices are expected to range between $74.51 and $138.97. Key drivers include ongoing geopolitical tensions, potential supply ...

    May 22Open →
  • Oil Price (WTI) on Tuesday? Odds & Predictions 2026kalshi.com

    Market Rules. Above $90.99. If the daily settlement price for WTI crude oil(July 2026 contract) on May 26, 2026 is above 90.99 USD/Bbl, then the market resolves ...

    May 22Open →
  • Corn and Soybean futures decline amid crude oil selloff. - CME Groupcmegroup.com

    20 May 2026 ... Grain markets experienced notable downward pressure midweek, driven largely by outside market headwinds as WTI Crude Oil futures plunged as much ...

    May 21Open →
  • Crude Oil Futures Settlements - CME Groupcmegroup.com

    Stay up to date with the probabilities of certain outcomes of the next OPEC meeting using NYMEX WTI Crude Oil option prices. Interactive Expiration Calendar.

    May 22Open →
  • Crude Oil WTI Jul '26 (CLN26) - Barchart.combarchart.com

    Crude oil rebounded from a 1-week low on Friday and settled higher as a US-Iran peace deal remains elusive, keeping the Strait of Hormuz closed and disrupting ...

    May 22Open →
  • Cushing, OK WTI Spot Price FOB (Dollars per Barrel) - EIAeia.gov

    2026 May- 4 to May- 8, 109.76, 105.66, 98.75, 98.38, 98.87. 2026 May-11 to May-15, 101.56, 105.78, 104.52 ... Spot Prices for Crude Oil and Petroleum Products.

    May 20Open →
  • FRED verified macro/market datafred.stlouisfed.org

    ## VERIFIED ECONOMIC DATA — WTI CRUDE OIL (FRED — USE THESE NUMBERS) CRITICAL: The following data is from the Federal Reserve Economic Database (FRED) and is verified. Use ONLY these numbers. DO NOT substitute with any other data. Indicator: WTI Crude Oil Latest Value: $112.25 (as of 2026-05-18) — VERIFIED Change from previous: +$3.26 (+2.99%) Trend (last 5 observations): RISING 2026-05-12: $105.78 2026-05-13: $104.52 2026-05-14: $104.66 2026-05-15: $108.99 2026-05-18: $112.25 ## PRE-COMPUTED MARKET MATH (use these numbers — do NOT recalculate) Target: $102.99 $/barrel Current value: $112.25 Distance to target: $9.26 ABOVE target (9.0% above) Direction required: Value must stay above or rise

    May 24Open →
  • EIA verified energy dataeia.gov

    ## VERIFIED EIA ENERGY DATA — WTI CRUDE OIL SPOT PRICE (USE THESE NUMBERS) CRITICAL: The following data is from the U.S. Energy Information Administration (EIA) — the OFFICIAL government source. This is the SAME data Kalshi uses to settle energy markets. Use ONLY these numbers. DO NOT substitute with other sources. Indicator: WTI Crude Oil Spot Price Latest Value: $112.25 (as of 2026-05-18) — VERIFIED, OFFICIAL Latest change: UP $3.26 (+2.99%) Trend (last 5 observations): RISING 2026-05-12: $105.78 2026-05-13: $104.52 2026-05-14: $104.66 2026-05-15: $108.99 2026-05-18: $112.25 ## PRE-COMPUTED MARKET MATH (use these numbers — do NOT recalculate) Target threshold: $102.99 $/barrel Current EIA

    May 24Open →

PRISM RETRIEVES EVIDENCE FROM A CURATED LIST OF PRIMARY WIRES + OFFICIAL SOURCES

4

Why the gap existed

Prism's 6.0% edge call was wrong — market was right

CALIBRATION SCORECARD
PRISM ACCURACY
0.078
MARKET ACCURACY
0.048
EDGE
-30.0
Brier edge
The market's probability estimate was more accurate than PRISM's on this call.
5

How this forecast played out

1.PRISM analyzed Will the WTI crude oil settlement price be above 102.99 USD/Bbl on May 26, 2026?, classifying it as underpriced at 22.0%.
2.Forecast classification: MODERATE UNDERPRICED — PRISM estimate 28.0% vs market 22.0%.
3.Kelly reference at forecast time: 0.5% (¼ Kelly, capped at 5%; mathematical reference only — not a position recommendation).
4.Outcome: resolved NO.

Get live PRISM forecasts for Kalshi + Polymarket.

Edge scores, Kelly references, confidence levels, and resolution paths — updated every 2 hours, before the market corrects.

VIEW LIVE FORECASTS
PRISM: v0.9.161-publishability-allocator·Forecasted: May 24, 2026·Resolved: May 27, 2026·kalshi
For informational purposes only. Not financial advice. EdgeCal provides PRISM-generated market analysis and does not execute trades, manage funds, or guarantee returns. Past performance does not indicate future results.