Prediction Markets Favor Higher Oil as Brent Tops $100

The inversion in prediction market positioning—where the $120 contract now leads the $55 one—suggests traders are pricing in sustained upside risk rather than a quick correction, even as Brent has already breached a key psychological level. This matters because it signals that market participants see the current strength as more than a transient spike, potentially influencing hedging and production decisions. The split between Myriad's contract hierarchy and Polymarket's probabilistic WTI target highlights divergent views on the timeline and magnitude of further gains. What to watch next is whether this bullish skew persists as Brent holds above $100, or if profit-taking and supply responses start to shift the odds back toward lower contracts.