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What will WTI Crude Oil (WTI) hit in October 2026?

About Market

Market Summary

This market centers on which price levels West Texas Intermediate (WTI) crude oil will touch over the course of October 2026, measuring the month's trading range against a set of round-number benchmarks sitting above and below the prevailing price. Crude oil is one of the most closely watched macroeconomic barometers, and October's path runs through OPEC+ supply policy, Middle East geopolitics, weekly inventory data, and shifting global demand, making each benchmark a meaningful marker of where fundamentals and sentiment are pulling the market. Traders are weighing these forces to judge how high WTI can climb and how far it might fall during the month, turning the oil tape into a set of clear, level-based outcomes.

Rules
  1. 1. Market Outcomes and Resolution Criteria: This market resolves YES if, at any point after market creation and during a trading session of October 2026, any Pyth 1-minute candle for the Active Month of ICE Futures Europe WTI Crude Futures (denoted by Pyth as "CLL") has a final "High" price equal to or above $105.00. It resolves NO otherwise, including if the Active Month contract does not trade at all during the listed time frame.

    2. Definition of "Hit" and Threshold: "Hit" means the final "High" of at least one Pyth 1-minute candle for the Active Month contract is greater than or equal to $105.00. Prices are used exactly as published by Pyth, without rounding. A single qualifying candle is sufficient; the price need not close at or hold the level. Only candles within an applicable trading session of October 2026 business days count (see "Trading Hours" at https://www.ice.com/products/213/WTI-Crude-Futures). The trading session for a given business day typically begins at 8:00 PM ET on the prior calendar date, except the session dated Monday, which begins at 6:00 PM ET on the preceding Sunday, and except where modified by holiday or special hours (see https://www.ice.com/holiday-hours).

    The Active Month is the nearest listed contract, except during that contract's final three trading sessions. At the open of the third-to-last trading session, the next listed contract becomes the Active Month. Each contract's last trading day is determined by ICE Futures Europe per the WTI Crude Futures contract specification. This is generally the 4th US business day prior to the 25th calendar day of the month preceding the contract month, or five US business days prior if the 25th is not a US business day. Last trading days are posted at https://www.ice.com/products/213/WTI-Crude-Futures/expiry. For example, if the nearest contract's last trading session is the session for Monday the 20th, the next contract becomes the Active Month at the start of the session for Thursday the 16th (8:00 PM ET on Wednesday), assuming a standard trading calendar.

    3. Official Sources and Evidence: The resolution source is Pyth, specifically the ICE Futures Europe WTI Crude Futures Active Month "High" prices at https://app.pyth.com/explore?search=CLL with the chart set to 1-minute candles. Historical 1-minute candles may be accessed by appending a Unix timestamp (seconds) to the Pyth chart URL using the "t=" parameter. The fallback source, used only as described in Rule 5, is the official daily high published for the Active Month contract by ICE Futures Europe at https://www.ice.com/report/10, with "T-West Texas Intermediate Light Sweet Crude Future" selected.

    4. Resolution Timing: A YES outcome resolves as soon as a qualifying candle is confirmed on Pyth. If no qualifying candle occurs, the market resolves NO no sooner than 24 hours after the close of the final October 2026 trading session.

    5. Data Outages, Revisions, and Structural Changes: Only final candle values as published by Pyth are used. If the relevant Pyth data is unavailable due to a system outage, data failure, or other disruption that prevents verification of the required 1-minute candle data, the ICE Futures Europe official daily high for the Active Month contract (Rule 3) may be used to determine whether $105.00 was reached during the applicable trading session. If a contract specification change, feed change, or similar structural modification affects the underlying market during the listed time frame, the market resolves on adjusted prices as displayed on Pyth.

    6. Ambiguities and Disputes: Pyth takes precedence over all other sources. The ICE fallback is used only when the Pyth data cannot be verified as described in Rule 5. No other price sources, including NYMEX/CME CL futures, are used for resolution.