ManifoldPlay moneyGeopoliticsDevelopingUpdated 3h ago

US announces another drawdown of Strategic Petroleum Reserve before November 1st

As of Oct 25, 2026, 10:23 PM ET, Manifold priced this market at 86.0% (little changed over 24 hours). It had 10 mana traded in the past 24 hours and 100 mana of pool liquidity. probcast.co rates the support behind this price as moderate.

Market probability
86.0%
Little changed over 24 hours
Resolving soonNot live — snapshot Oct 25, 10:23 PM ET

Play-money market (mana, not dollars) — thin market where small orders can move the price, traded by a small group of accounts.

Price historyManifold

Source: Manifold price history

How credible was the move?

Methodology →

Move validity

Moderate

Consensus stability

Stable

Contract clarity

High

Can you trust this price?

Two different questions: how hard the price is to move, and whose trading set it.

Market capacity

How hard is it to move this price?

Thin

Pool liquidity

100 mana

Bid-ask spread

n/a

automated market maker

24h volume

10 mana

Total volume

364.7 mana

Play money: depth is in mana, so it says nothing about real-money conviction.

Who's trading

Whose opinion is this price?

A few accounts
37%of the traded money came from the single largest account

Accounts

12

Trades

22

over 44 days

Largest order

70.6 mana

338.4 mana traded across these 22 trades (last 44 days).

A small group of accounts did most of the trading — neither one whale nor a broad crowd.

Recent trade activity$338.4 traded

From the latest trade tape (most recent 200 prints) — a live activity sample, not a lifetime total.

What this market actually measures

Based on official announcements of department of energy or other relevant authorities. Context: President Trump authorized the Department of Energy to release 172 million barrels from the Strategic Petroleum Reserve, beginning next week.

This summary shows the opening of the venue's official rules. ProbCast has not yet generated an independent plain-English interpretation for this contract — review the full rules before relying on it.

View full official resolution rules

Based on official announcements of department of energy or other relevant authorities. Context: President Trump authorized the Department of Energy to release 172 million barrels from the Strategic Petroleum Reserve, beginning next week. This will take approximately 120 days to deliver based on planned discharge rates (March 11th, https://www.energy.gov/articles/united-states-release-172-million-barrels-oil-strategic-petroleum-reserve) The US Strategic Petroleum Reserve as of Sep 4th is 285.4 million barrels, down from 415 million pre-war. Some historical trends at https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=mcsstus1&f=m, note that this is in thousands of barrels)

What could move this market next?

  • The market's deadline arrivesOctober 31, 2026 at 7:59 PM ET

    The contract must resolve based on what has happened by this date.

Derived from the contract's own mechanics as of Oct 26, 12:55 AM ET. ProbCast does not list scheduled meetings, announcements, or data releases it cannot verify.

Advanced analysis (experimental)

Research signals — these models are still accumulating the history needed for full validation, and they can disagree with the headline read. Model confidence: low · expected error ±20 pts.

Thin marketLegacy movement classifier: watch

What's happening

low classifier confidence
Thin market

Thin book and/or wide spread. Small orders can move this price disproportionately, so any single print is noisy and easily overread.

  • Thin book and/or wide spread.

Read with caution —Read the latest price with caution; conditions make it an unreliable summary right now.

More details — reliability score, dynamics, durability
Reliability score
13Low
Where the price path tends to go next557 observed
  • Illiquid / quiet98%
  • Choppy / mean-reverting2%

Short-term motion of the price line (~1h), distinct from the environment above — not a prediction of the final outcome.

DurabilityHigh· half-life —
PredictabilityStable

Secondary read: leaning toward Stale price.

A read-only classification of the market environment — how much weight the current price deserves as a read of consensus. It describes conditions, never a trade.

Change (pts)1H0.06H0.024H0.07D0.0

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