# Kalshi's 10-Year Oil Contract Proposal

> Kalshi proposes oil futures contract with 10-year expiry to bypass regulatory hurdles.
- Title: Kalshi's 10-Year Oil Contract Proposal · Financialpost
- Summary: Kalshi proposes oil futures contract with 10-year expiry to bypass regulatory hurdles. Kalshi Inc. filed a proposal for an oil-linked futures contract that…
- Keywords: kalshi, commodity futures, cftc, west texas intermediate, perpetual futures, oil markets, money, business, Kalshi's, 10-Year, Oil, Contract
- Source: Financialpost — https://financialpost.com/fp-finance/cryptocurrency/kalshi-proposes-oil-contract-with-10-year-expiry
- Read time: 1 min
- Topics: kalshi, commodity futures, cftc, west texas intermediate, perpetual futures, oil markets, money, business
## Kalshi files oil futures proposal
Kalshi Inc. has filed a proposal for an oil-linked futures contract that only expires every decade with the Commodity Futures Trading Commission.
## CFTC has 45 days to approve
The CFTC has 45 days to approve or disallow the product, tied to the West Texas Intermediate benchmark.
## Perpetual futures contract style
The contract is in the style of perpetual futures contracts, known as perps, which can’t be self-certified by exchanges like other event contracts.
## Iran war boosts oil trading
The Iran war has turbocharged demand from both institutional and individual speculators seeking to profit from volatile commodity prices.
## Oil prices swing widely
Oil markets in particular have seen dramatic price swings, with West Texas Intermediate futures trading across a roughly US$60 a barrel range since the start of the year.
## CME shelved oil contract plans
The Chicago Mercantile Exchange on Friday announced that it was shelving plans to launch a round-the-clock oil contract following industry pushback.
## Key takeaway

Kalshi Inc. filed a proposal for an oil-linked futures contract that expires every decade, aiming to address regulatory concerns in US markets.