WTI crude oil futures surged more than 7% to $101.18 per barrel on March 28, driven by fresh disruptions in the Strait of Hormuz amid escalating Middle East tensions, layering a geopolitical risk premium onto prices unseen since July 2022. This rally offsets bearish pressures from U.S. inventories climbing 6.16 million barrels to 449.3 million last week and OPEC+'s March 1 decision to ramp up output from April amid non-OPEC supply growth. June 2026 futures at $94.19 reflect trader consensus for seasonal demand uplift from summer driving, tempered by surplus risks. Watch weekly EIA storage reports and OPEC+ policy signals for volatility into quarter-end resolution.
Experimental AI-generated summary referencing Polymarket data · UpdatedWill Crude Oil (CL) hit__ by end of June?
Will Crude Oil (CL) hit__ by end of June?
$2,719,213 Vol.
↑ $200
14%
↑ $175
17%
↑ $150
27%
↑ $140
36%
↑ $130
45%
↑ $120
59%
↑ $115
65%
↑ $110
75%
↑ $105
82%
↑ $100
92%
↓ $85
62%
↓ $80
56%
↓ $70
35%
↓ $60
18%
↓ $55
12%
↓ $52
7%
↓ $50
6%
↓ $47
6%
↓ $45
4%
↓ $40
3%
↓ $35
3%
$2,719,213 Vol.
↑ $200
14%
↑ $175
17%
↑ $150
27%
↑ $140
36%
↑ $130
45%
↑ $120
59%
↑ $115
65%
↑ $110
75%
↑ $105
82%
↑ $100
92%
↓ $85
62%
↓ $80
56%
↓ $70
35%
↓ $60
18%
↓ $55
12%
↓ $52
7%
↓ $50
6%
↓ $47
6%
↓ $45
4%
↓ $40
3%
↓ $35
3%
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 19, 2026, 1:59 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...WTI crude oil futures surged more than 7% to $101.18 per barrel on March 28, driven by fresh disruptions in the Strait of Hormuz amid escalating Middle East tensions, layering a geopolitical risk premium onto prices unseen since July 2022. This rally offsets bearish pressures from U.S. inventories climbing 6.16 million barrels to 449.3 million last week and OPEC+'s March 1 decision to ramp up output from April amid non-OPEC supply growth. June 2026 futures at $94.19 reflect trader consensus for seasonal demand uplift from summer driving, tempered by surplus risks. Watch weekly EIA storage reports and OPEC+ policy signals for volatility into quarter-end resolution.
Experimental AI-generated summary referencing Polymarket data · Updated



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