Crude Oil’s next move: Pump to $120 or Dump to $55?
·Economy### **Market Details:** - **Market Close:** This market will only be closed once a resolution is achieved. - **Resolution Deadline:** The resolution will be determined as soon as an outcome is reached. - **Pump Target:** 120.000 - **Dump Target**: 55.000 ### **Resolution Criteria:** - The market resolves based on which condition is met first: - **“$120”** if the Crude Oil WTI (USD/Bbl) at Trading Economics reaches or exceeds the Pump Target. - **“$55”** if the Crude Oil WTI (USD/Bbl) at Trading Economics drops to equal or below the Dump Target. ### **Resolution Details:** - The market resolves based on the one-minute (1m) price updates on the Crude Oil WTI (USD/Bbl) chart on the Trading Economics website. - Only the Crude Oil WTI (USD/Bbl) on Trading Economics will be considered. ### **Cancellation (Invalidity) Conditions:** - The Crude Oil WTI (USD/Bbl) at Trading Economics becomes unavailable, compromised, or fails to update for seven days straight. - Any circumstance prevents reliable price tracking. - Myriad Markets undergoes a change in its contract that demands a cancellation of all active markets, or a similar significant technical change. In the event of cancellation, participants may claim their stakes at the market value of their open positions at the time of cancellation. This could result in a profit or a loss, depending on the price of their outstanding shares.