Will US crude oil reserves fall to __ by June 5?275M
ResolvedOutcome: No$21Kas of
Odds now
This market has resolved No. Final market pricing put YES at 0%, as of .
YES0¢
NO100¢
as of
What moved the odds?
6 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 final price as of .
US energy firms pull record amounts of crude from SPR last week, EIA says
U.S. Energy Information Administration: Crude oil inventories fell by 4.31 million barrels
US Is Not Planning to Tap Oil Reserve Again, Official Says • • After a few more record draws like last week, there won't be anything to tap
The US Department of Energy announced the release of 53.3 million barrels of oil from the Strategic Petroleum Reserve to loan energy firms, part of efforts to stabilize prices amid the Iran war. • • The release is part of a broader US commitment to add 172 million barrels to the global market. • • That pledge was announced in March under an International Energy Agency initiative involving more than 30 countries, aimed at adding about 400 million barrels of oil to the global market.
Largest release of strategic crude oil reserves in the US According to the US Energy Information Administration (EIA), the US Strategic Petroleum Reserve fell by an unprecedented 1.22 million barrels per day (equivalent to about 8.6 million barrels per week) last week. This is the largest weekly release in history, surpassing the rate recorded in 2022, when US President Joe Biden used these strategic reserves after Russia invaded Ukraine. Get the latest news: Site | Ita | Yes | Rubika | Soroush Plus @snntv
Weekly crude oil inventories for the current week fall -2.313 million vs -3.291M estimate •
Where does the news lean?
6YES9NO1neutraltrailing 24h
Average match confidence across the listed signals: 99%.
How did this market resolve?
This market will resolve to “Yes” if the U.S. Energy Information Administration publishes a weekly figure for U.S. Ending Stocks of Crude Oil in the Strategic Petroleum Reserve less than or equal to the specified value for any week ending on or before June 5, 2026. Otherwise, this market will resolve to “No”.
This market will resolve as soon as the listed value is reached, or once data has been released for the final week ending on or before June 5, 2026, and the listed value has not been reached.
If data has not been released for the final week ending on or before June 5 2026, by June 12, 2026, 11:59 PM ET, this market will resolve based on the data available at that time.
The primary resolution source for this market will be the U.S. Energy Information Administration, specifically the weekly data published for the U.S. Ending Stocks of Crude Oil in the Strategic Petroleum Reserve at https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=WCSSTUS1&f=W.
Note: this market’s resolution source publishes weekly values of U.S. Ending Stocks of Crude Oil in the Strategic Petroleum Reserve in thousands of barrels. Thus, this will be the level of specificity used to resolve this market.
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