Will US crude oil reserves fall to __ by June 5?350M
ResolvedOutcome: Yes$56Kas of
Odds now
This market has resolved Yes. Final market pricing put YES at 100%, as of .
YES100¢
NO0¢
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 final price as of .
US EMERGENCY OIL STOCKPILE SEES RECORD DRAWDOWN • • The U.S. Strategic Petroleum Reserve fell by 8.6 million barrels last week, the largest weekly drop on record, as the Trump administration responds to ongoing energy market stress. • • The drawdown surpasses the previous record set under President Biden in 2022 and leaves emergency crude reserves at their lowest level since October 2024. • • Commercial crude and gasoline inventories also declined sharply amid continued disruptions linked to the Strait of Hormuz closure and strong export demand. • • Analysts warn the U.S. is entering peak summer driving season with unusually tight fuel supplies and little room for further shocks.
The Trump administration said on Monday it will loan energy companies 53.3 million barrels of crude from the U.S. Strategic Petroleum Reserve as part of a global agreement to calm oil markets that have spiked on the U.S.-Israeli war with Iran.
Where does the news lean?
11YES2NO4neutraltrailing 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.
Related markets
See all outcomes for Will US crude oil reserves fall to __ by June 5? — the full event, with combined odds and signal timeline.