Recent EIA data shows US crude oil inventories declining for the third straight week to 444 million barrels as of April 19—roughly 7% below the five-year average—fueling trader optimism for further drops by May 1 amid ramping refinery utilization ahead of peak summer demand. Record domestic production near 13.2 million barrels per day tempers builds, while elevated exports and reduced imports reflect robust global appetite. Geopolitical strains in the Middle East, including Houthi disruptions and Iran sanction risks, tighten offshore supply, supporting drawdown bets. Traders eye the May 1 EIA report for week-ending April 26 and potential OPEC+ output signals as key catalysts.
Resumen experimental generado por IA con datos de Polymarket · Actualizado$192,882 Vol.
375M
55%
350M
16%
325M
8%
300M
5%
250M
6%
200M
4%
$192,882 Vol.
375M
55%
350M
16%
325M
8%
300M
5%
250M
6%
200M
4%
This market will resolve as soon as the listed value is reached, or once data has been released for the final week ending on or before May 1, 2026, and the listed value has not been reached.
If data has not been released for the final week ending on or before May 1, 2026, by May 9, 2026, 11:59 PM ET, this market will resolve based on the data available at that time.
The primary resolution source for this market will be the U.S. Energy Information Administration, specifically the weekly data published for the U.S. Ending Stocks of Crude Oil in the Strategic Petroleum Reserve at https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=WCSSTUS1&f=W.
Note: this market’s resolution source publishes weekly values of U.S. Ending Stocks of Crude Oil in the Strategic Petroleum Reserve in thousands of barrels. Thus, this will be the level of specificity used to resolve this market.
Mercado abierto: Mar 13, 2026, 2:06 PM ET
Resolver
0x65070BE91...Resolver
0x65070BE91...Recent EIA data shows US crude oil inventories declining for the third straight week to 444 million barrels as of April 19—roughly 7% below the five-year average—fueling trader optimism for further drops by May 1 amid ramping refinery utilization ahead of peak summer demand. Record domestic production near 13.2 million barrels per day tempers builds, while elevated exports and reduced imports reflect robust global appetite. Geopolitical strains in the Middle East, including Houthi disruptions and Iran sanction risks, tighten offshore supply, supporting drawdown bets. Traders eye the May 1 EIA report for week-ending April 26 and potential OPEC+ output signals as key catalysts.
Resumen experimental generado por IA con datos de Polymarket · Actualizado
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