Military action against Saudi Oil Pipeline (East-West)November 30
Open$294Kas of
Odds now
The market prices a 23% chance that this market resolves YES, as of .
YES23¢
NO78¢
as of
What moved the odds?
2 AI-matched news signals on this market, newest first. Entry price is the called side when the news hit; the signed return marks it against the live price as of .
Bloomberg reported that Saudi Aramco has informed European refiners that it will supply all of their crude oil requests in November. The decision comes after Saudi Arabia’s East-West pipeline resumed operations. At least three European refiners have confirmed that they will receive their full crude quota next month, Bloomberg reported. Aramco had told European customers that they would not receive any oil in October after the attack on the East-West pipeline. The disruption has forced refiners to look for alternative sources. Saudi Arabia normally exports between 700,000 and 800,000 barrels of crude oil to Europe per day. Full supply resumption could ease pressure on the European oil market.
The decision came after Saudi Arabia's main oil pipeline from east to west resumed operations following recent attacks.
Where does the news lean?
6YES0NO0neutraltrailing 24h
Signal flow leans YES at 50% — signal sentiment, not the market price. Average match confidence across the listed signals: 95%.
What would make this resolve YES?
This market will resolve to “Yes” if the East-West oil pipeline is targeted by a qualifying military action between market creation and the specified date, 11:59 PM Riyadh Time. Otherwise this market will resolve to “No.”
The East-West oil pipeline refers to Saudi Arabia’s East-West crude oil pipeline (also known as Petroline), which carries crude oil from Saudi Arabia’s Eastern Province to the Red Sea port of Yanbu, including its pumping stations.
A qualifying military action refers to an air strike or a surface-to-surface missile strike that impacts the East-West oil pipeline. An air strike includes bombs, air-to-surface missiles, and air-launched drones. A surface-to-surface missile strike includes one-way attack drones and surface-to-surface missiles such as cruise or ballistic missiles.
The following actions do not constitute a qualifying military action:
Munitions destroyed or intercepted before impact;
Surface-to-air missile strikes;
Small-arms fire;
Ground incursions;
Cyber operations;
Naval gunfire and artillery fire;
Howitzers, artillery pieces, mortars, and rocket artillery (e.g. MLRS systems);
Minor surface-to-surface strikes, including short range loitering munitions, FPV drones, and ATGM strikes;
Any threat, authorization, or announcement of force that has not been executed.
Any munition that is intercepted or destroyed before impact does not constitute a qualifying military action. Debris, fragments, or any wreckage from intercepted munitions that land on the East-West oil pipeline do not constitute a military action regardless of any damage incurred.
A military action will be considered to impact the East-West oil pipeline if it directly impacts the pipeline or any of its pumping stations.
The occurrence and timing of a qualifying military action will be primarily determined based on a consensus of information available from the resolution sources. Where multiple sources conflict regarding the occurrence or timing of a relevant military action, this market will remain open until the earlier of: i) the confirmation of the occurrence and timing of the action based on a consensus of information available from the resolution sources or ii) 3 full calendar days (Riyadh Time) from the date of the first credibly reported evidence of the action. If this period would extend past the end date, this market will remain open to allow for 3 full calendar days to pass. If, at the end of the third calendar day, conflicting reports remain as to the occurrence or timing of the action, this market will resolve based on the totality of information available from the resolution sources at that time. No single statement, denial, or presentation of evidence will govern where it is contradicted by the totality of information.
The resolution sources for this market will be official information from the government of Saudi Arabia and a consensus of credible reporting.
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