This market resolves to YES if the closing price for West Texas Intermediate (WTI) Crude Oil, as reported by Bloomberg or MarketWatch for the trading day of March 10, 2026, is $95.01 or higher.
It resolves to NO if the price is $95.00 or lower.
Context: Following the overnight 11-cent jump in gas prices and reports of the U.S. Embassy drone strike in Riyadh, oil volatility is at a 12-month high.
Update 2026-03-08 (PST) (AI summary of creator comment): The closing price used for resolution will be the NYMEX Front-Month Futures (CL) Daily Settlement Price, rather than a spot price or last trade price from Bloomberg/MarketWatch directly.
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WTI Closing/Settlement Price is in at $87.22. Resolving NO. YES traders with hope for bad outcomes please check out this other market which trades until 11:59 PM and reflects spot price. https://manifold.markets/ShaneBo/will-the-wti-crude-oil-spot-price-b
https://x.com/deitaone/status/2031434212298076286?s=46
IRAN MAY DEPLOY MINES IN HORMUZ STRAIT U.S. intelligence indicates Iran is preparing to deploy naval mines in the Strait of Hormuz using small vessels carrying 2–3 mines each. Estimates suggest Iran’s stock ranges from 2,000 to 6,000 mines of Iranian, Chinese, and Russian
YES HOLDERS ITS NOT OVER
Buying YES at 23%. WTI front-month CL is trading at ~$103-108/barrel as of today, well above the $95 threshold. Oil surged last week on Iran/Strait of Hormuz tensions and while it pulled back from near-$120 highs, a further $8+ decline (8%+) in a single trading session to drop below $95 would be extraordinary. Even with elevated geopolitical volatility, this market seems significantly underpriced for YES.
@ShaneBo it might be close. If Bloomberg and MarketWatch report slightly different values which will you use? Also wti futures do not have a close like stocks as they trade 24/5, so what will you use for the "closing price"?
@Cactus thanks for the question. To ensure a precise and transparent resolution, this market will follow the industry-standard benchmark for "WTI Crude Oil" as cited in the description. We will use the NYMEX Front-Month Futures (CL) Daily Settlement Price (which tracks the implied resolution time/closing price I originally wrote in the description for end of the trading day).
This settlement price is the most universally recognized "closing price" for WTI and provides a definitive, verifiable data point for all participants. This is much more consistent/official across platforms compared to the spot price or an exchange last trade at some point in time.
@ShaneBo https://manifold.markets/ShaneBo/will-the-wti-crude-oil-spot-price-b here is a submarket for spot price I just made

