Will the U.S. Department of Energy announce issuing a solicitation to exchange or sell crude oil from the Strategic Petroleum Reserve before Jan 1, 2028?
Verbatim from the venue. The analyst must quote these, never paraphrase.
If the U.S. Department of Energy announces issuing a solicitation to exchange or sell crude oil from the Strategic Petroleum Reserve before Jan 1, 2028, then the market resolves to Yes.
A solicitation means a competitive Request for Proposal or Notice of Sale formally issued by the U.S. Department of Energy and open for bids.
The solicitation must be newly issued after this market opens. An award announcement, amendment, extension or re-issuance of a solicitation issued before that date does NOT count
A solicitation to purchase or acquire crude oil to refill the Reserve does NOT count
A statement of intent, a budget proposal, congressional testimony or an inventory report that does not itself open a bidding process does NOT count
A solicitation that is issued and later cancelled before award still counts, because the trigger is the issuance
opens
Aug 24 · 9:00 PM UTC
closes
Jan 1, 2028 · 4:59 AM UTC · may close early
expires
Jan 8, 2028 · 3:00 PM UTC
Recent trades
Most recent first. Price is the YES side.
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Raw payload
Exactly what the API returned for this market.
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market42
can_close_earlytrue
close_time2028-01-01T04:59:00Z
created_time2026-08-24T19:27:11.289002Z
custom_strike1
Policy
28Jan01
early_close_conditionThis market will close and expire early if the event occurs.
event_tickerKXDOESPRTENDER-26AUG
exchange_index0
expected_expiration_time2028-01-08T15:00:00Z
expiration_time2028-01-01T04:59:00Z
expiration_value
last_price_dollars0.0000
latest_expiration_time2028-01-01T04:59:00Z
liquidity_dollars0.0000
market_typebinary
no_ask_dollars0.4000
no_bid_dollars0.3200
no_sub_titleBefore Jan 1, 2028
notional_value_dollars1.0000
occurrence_datetime2028-01-01T04:59:00Z
open_interest_fp0.00
open_time2026-08-24T21:00:00Z
previous_price_dollars0.0000
previous_yes_ask_dollars0.6800
previous_yes_bid_dollars0.5900
price_level_structurelinear_cent
price_ranges1
[0]3
end1.0000
start0.0000
step0.0100
result
rules_primaryIf the U.S. Department of Energy announces issuing a solicitation to exchange or sell crude oil from the Strategic Petroleum Reserve before Jan 1, 2028, then the market resolves to Yes.
rules_secondaryA solicitation means a competitive Request for Proposal or Notice of Sale formally issued by the U.S. Department of Energy and open for bids.
The solicitation must be newly issued after this market opens. An award announcement, amendment, extension or re-issuance of a solicitation issued before that date does NOT count
A solicitation to purchase or acquire crude oil to refill the Reserve does NOT count
A statement of intent, a budget proposal, congressional testimony or an inventory report that does not itself open a bidding process does NOT count
A solicitation that is issued and later cancelled before award still counts, because the trigger is the issuance
settlement_timer_seconds1800
statusactive
strike_typecustom
tickerKXDOESPRTENDER-26AUG-28JAN01
titleWill the U.S. Department of Energy announce issuing a solicitation to exchange or sell crude oil from the Strategic Petroleum Reserve before Jan 1, 2028?