Spike detail
Kalshi Seeded demo state
Oil above $95 by month-end? Ranked explanations, explicit uncertainty, related-market spillover, and an evidence summary that keeps external sources separate from internal runtime context.
Spike timestamp 23 April 2026 at 00:00 UTC
Move +9.6pp
Current price 41%
Evidence quality 4/4 dated
Venue Kalshi
Price path
Spike anchored at 23 April 2026 at 00:00 UTC with the latest seeded window.
5 points · UTC labels
Trace readiness
Evidence summary External evidence 3
Internal context 1
Weak evidence 0
Trust tiers 3
Internal context stays visible but separate. The trace route carries the full provenance chain for each cited source.
Assessment
Mispricing read insufficient evidence Confidence 0.44
34%–46%
The evidence chain is dated and usable, but it still points to multiple plausible energy pathways rather than one clean explanation.
Spillover
Related markets US x Iran ceasefire by April 7?
+95.0pp Polymarket 100% 23 April 2026 at 00:04 UTC
The energy move was subordinate to the ceasefire narrative rather than an independent oil-specific catalyst.
Ranked explanations
1 0.69
Middle East risk premium widened but stopped short of a full supply-shock narrative. Cross-Market Specialist 2 cited items 1 supporting agents
The move depends on whether the ceasefire headline sticks or reverses.
Falsifier A stable ceasefire follow-through would remove much of the energy-specific upside case.