West Texas Intermediate (WTI) crude oil futures settled near $96 per barrel on May 6, retreating from mid-week highs above $115 amid fragile de-escalation signals in the Strait of Hormuz—where Iranian missile interceptions disrupted 20% of global supply flows—offset by OPEC+'s May output hike of 206,000 barrels per day. Heightened geopolitical premiums have dominated trader sentiment, with volatility amplified by U.S. policy rhetoric on shipping aid, while softening global demand signals from China cap upside. Key upcoming catalysts include the May 13 EIA Weekly Petroleum Status Report on inventories, potential OPEC+ adjustments, and persistent Middle East risks influencing the June 30 CME settlement threshold. EIA forecasts a Q2 Brent peak near $115 before easing, highlighting supply-demand balance uncertainties.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedWill Crude Oil (CL) hit__ by end of June?
Will Crude Oil (CL) hit__ by end of June?
$14,577,268 Vol.
↑ $200
4%
↑ $175
6%
↑ $150
11%
↑ $140
14%
↑ $130
27%
↑ $120
38%
↑ $115
48%
↓ $80
63%
↓ $70
22%
↓ $60
7%
↓ $55
4%
↓ $52
3%
↓ $50
3%
↓ $47
2%
↓ $45
2%
↓ $40
2%
↓ $35
1%
$14,577,268 Vol.
↑ $200
4%
↑ $175
6%
↑ $150
11%
↑ $140
14%
↑ $130
27%
↑ $120
38%
↑ $115
48%
↓ $80
63%
↓ $70
22%
↓ $60
7%
↓ $55
4%
↓ $52
3%
↓ $50
3%
↓ $47
2%
↓ $45
2%
↓ $40
2%
↓ $35
1%
For CME Crude Oil (CL) futures contracts, the active month is the nearest of the contract months listed. The active month becomes a non-active month effective two business days prior to the spot month expiration. For example; if the spot month expires on a Friday the next listed contract will be considered the Active Month on the Wednesday prior to the spot month expiration.
Only the Active Month's official settlement price published by CME Group will be considered. Intraday trades, highs, lows, bids, offers, midpoint values, or indicative prices do not count.
Note that the settlement price may differ from the last traded price. CME's methodology to determine the settlement price can vary by commodity and contract.
Only days on which CME publishes an official settlement price for the Active Month will be included. Days without settlement prices (weekends, holidays, or market closures) are ignored.
This market will resolve based on the settlement price as it appears on the CME settlement page at the time it is first published for that trading day, regardless of any later corrections or updates.
The resolution source for this market is the CME Group website — specifically, the daily "Settlement" price for the Active Month of Crude Oil (CL) futures.
Market Opened: Mar 3, 2026, 3:47 PM ET
Resolver
0x65070BE91...For CME Crude Oil (CL) futures contracts, the active month is the nearest of the contract months listed. The active month becomes a non-active month effective two business days prior to the spot month expiration. For example; if the spot month expires on a Friday the next listed contract will be considered the Active Month on the Wednesday prior to the spot month expiration.
Only the Active Month's official settlement price published by CME Group will be considered. Intraday trades, highs, lows, bids, offers, midpoint values, or indicative prices do not count.
Note that the settlement price may differ from the last traded price. CME's methodology to determine the settlement price can vary by commodity and contract.
Only days on which CME publishes an official settlement price for the Active Month will be included. Days without settlement prices (weekends, holidays, or market closures) are ignored.
This market will resolve based on the settlement price as it appears on the CME settlement page at the time it is first published for that trading day, regardless of any later corrections or updates.
The resolution source for this market is the CME Group website — specifically, the daily "Settlement" price for the Active Month of Crude Oil (CL) futures.
Resolver
0x65070BE91...West Texas Intermediate (WTI) crude oil futures settled near $96 per barrel on May 6, retreating from mid-week highs above $115 amid fragile de-escalation signals in the Strait of Hormuz—where Iranian missile interceptions disrupted 20% of global supply flows—offset by OPEC+'s May output hike of 206,000 barrels per day. Heightened geopolitical premiums have dominated trader sentiment, with volatility amplified by U.S. policy rhetoric on shipping aid, while softening global demand signals from China cap upside. Key upcoming catalysts include the May 13 EIA Weekly Petroleum Status Report on inventories, potential OPEC+ adjustments, and persistent Middle East risks influencing the June 30 CME settlement threshold. EIA forecasts a Q2 Brent peak near $115 before easing, highlighting supply-demand balance uncertainties.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated


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