What if persistent quota cheating fractures OPEC+ and removes the oil market price floor?
Persistent quota cheating fractures OPEC+ and the group loses its ability to manage supply, removing the price floor and raising oil-market volatility structurally.
how we built this number — every step
The class rate is measured from our dated, sourced event library (decade-normalized Poisson — the full table is public at base_rates.json). The variant’s share within its class is the analyst’s editorial call, published so you can audit it. A wider range means thinner precedent. Full recipe: methodology · scored at Reality Check.
The butterfly cascade
How this trigger trickles across markets, left → right — the root shock, its first‑order moves, then the ripple effects. Drag any node; tap a market for its real price history.
Resolution timeline — how this probability is moving
Our model's odds (gold) over time vs the crowd's (Polymarket, blue), from the past toward the 1–3 years horizon. Each dot is a real macro event that nudged the probability — green pushed it up, red pushed it down. Tap a dot for the source. The gold path is an illustrative reconstruction anchored to today's estimate — real dated events, not a live re-estimate history.
What it would mean
If this plays out, it is a mixed shock. Persistent quota cheating fractures OPEC+ and the group loses its ability to manage supply, removing the price floor and raising oil-market volatility structurally. The trigger decomposes into signed root‑shocks — Credit spreads ▲ · Oil demand ▼ · Oil supply risk ▼ · Risk appetite ▼ — which propagate through our causal graph to the markets below.
If it happens — the markets it would move
Biggest moves first. Projected moves are cascade-model priors; hist A–B% = what comparable past events actually did (measured abnormal returns), and model prior · unmeasured marks markets with no analogue backing yet. Tap any market for its price history.
| Market | Class | Projected move | |
|---|---|---|---|
| 1 | Brent crude BRENTon Hyperliquid 📈 chart | Commodity | ▼ -3.0% hist -4.33–-0.02% · other way -0.45% (n=11) |
| 2 | WTI crude CLon Hyperliquid 📈 chart | Commodity | ▼ -2.6% hist -2.25–-0.47% · other way -0.29% (n=11) |
| 3 | Energy sector XLEon Hyperliquid 📈 chart | Equity | ▼ -1.8% hist -2.21–-0.1% · other way +1.32% (n=11) |
| 4 | United Airlines UAL 📈 chart | Equity | ▲ +1.5% hist -2.12–+6.29% · other way +8.63% (n=11) |
| 5 | ExxonMobil XOM 📈 chart | Equity | ▼ -1.2% hist -1.69–-0.01% · other way +0.2% (n=12) |
| 6 | Chevron CVX 📈 chart | Equity | ▼ -1.1% hist -1.67–+0.06% · other way +0.97% (n=12) |
| 7 | Delta DAL 📈 chart | Equity | ▲ +1.3% hist -1.32–+5.45% · other way +6.81% (n=11) |
| 8 | Gold XAUon Hyperliquid 📈 chart | Commodity | ▲ +0.5% hist -0.22–+1.32% · other way -0.9% (n=11) |
| 9 | 30y Treasury yield DGS30 📈 chart | Rate | ▼ -5bp hist -6.08–-0.28% · other way +21.7% (n=12) |
| 10 | 10y Treasury yield DGS10 📈 chart | Rate | ▼ -4bp hist -6.72–+0.21% · other way +27.8% (n=12) |
| 11 | Tech sector XLK 📈 chart | Equity | ▲ +0.3% hist -0.22–+0.82% · other way -0.37% (n=11) |
| 12 | High-yield credit HYG 📈 chart | Rate | ▼ -0.2% hist -0.25–+0.22% · other way -0.39% (n=11) |
| 13 | Nasdaq 100 NDXon Hyperliquid 📈 chart | Index | ▲ +0.2% hist -0.17–+0.72% · other way +0.16% (n=11) |
| 14 | Financials XLF 📈 chart | Equity | ▼ -0.2% hist -1.21–+0.28% · other way +0.88% (n=11) |
Probable recommendation
Historical precedent — what analogous events actually did
Across 40 analogous events (overlap‑weighted), as abnormal returns — market beta stripped, so it's the event's own effect, not the market backdrop. Shown at 20 days (persistent) and 5 days (immediate); ↺ fades = the two horizons disagree. Confidence = consistency × sample × significance.
| Asset | History says | Abnormal (20d · 5d) | Hit | n | Confidence | vs cascade |
|---|---|---|---|---|---|---|
| BRENT BRENT | SHORT | -2.6% · 5d -2.1% | 66% | 40 | 0.29 | ✓ matches cascade |
| XLF XLF | SHORT | -1.0% · 5d -1.1% | 64% | 40 | 0.26 | ✓ matches cascade |
| Bitcoin BTC | SHORT | -0.3% · 5d -3.1% | 65% | 23 | 0.26 | · |
| EURUSD EURUSD | SHORT | -0.8% · 5d -0.1% | 61% | 40 | 0.22 | ⚠ differs |
| USDJPY USDJPY | SHORT | -0.3% · 5d -0.4% | 64% | 40 | 0.22 | ✓ matches cascade |
| US dollar DXY | LONG | +0.7% · 5d +0.1% | 61% | 40 | 0.20 | ⚠ differs |
| DAL DAL | LONG | +4.4% · 5d +0.8% | 59% | 40 | 0.18 | ✓ matches cascade |
| Gold XAU | LONG | +1.0% · 5d +0.0% | 59% | 40 | 0.18 | ✓ matches cascade |
| XLE XLE | SHORT | -1.2% · 5d -0.3% | 59% | 40 | 0.17 | ✓ matches cascade |
| 10y yield DGS10 | SHORT | -4bp · 5d +1bp ↺ fades | 61% | 40 | 0.17 | ✓ matches cascade |
| CL CL | SHORT | -0.8% · 5d -1.7% | 59% | 40 | 0.16 | ✓ matches cascade |
| SOL SOL | SHORT | -0.2% · 5d -9.4% | 61% | 15 | 0.16 | ✓ matches cascade |
| NDX NDX | LONG | +0.6% · 5d -0.9% ↺ fades | 59% | 40 | 0.15 | ✓ matches cascade |
| CVX CVX | SHORT | -1.0% · 5d +0.2% ↺ fades | 55% | 40 | 0.08 | ✓ matches cascade |