WTI crude oil (CL) futures trade near $82 per barrel, with trader sentiment balancing OPEC+ production restraint against surging US output and inventory builds reported in the latest EIA data. Prices gained modestly in recent sessions amid escalating Middle East tensions, including Israel-Iran rhetoric, embedding a geopolitical risk premium despite steady Red Sea shipping disruptions. Weak Chinese PMI readings signal softer demand ahead, while record US rig counts pressure supply dynamics. End-of-June positioning eyes Thursday's EIA storage report—consensus anticipates a 2.5 million barrel build—and next week's FOMC meeting, where rate cut probabilities (currently 60% for September per CME FedWatch) could sway economic growth expectations and fuel consumption forecasts.
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?
$2,346,084 Vol.
↑ $200
10%
↑ $175
13%
↑ $150
17%
↑ $140
26%
↑ $130
32%
↑ $120
47%
↑ $115
49%
↑ $110
56%
↑ $105
66%
↑ $100
72%
↓ $85
76%
↓ $80
73%
↓ $70
43%
↓ $60
18%
↓ $55
14%
↓ $52
12%
↓ $50
9%
↓ $47
6%
↓ $45
3%
↓ $40
3%
↓ $35
2%
$2,346,084 Vol.
↑ $200
10%
↑ $175
13%
↑ $150
17%
↑ $140
26%
↑ $130
32%
↑ $120
47%
↑ $115
49%
↑ $110
56%
↑ $105
66%
↑ $100
72%
↓ $85
76%
↓ $80
73%
↓ $70
43%
↓ $60
18%
↓ $55
14%
↓ $52
12%
↓ $50
9%
↓ $47
6%
↓ $45
3%
↓ $40
3%
↓ $35
2%
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...Resolver
0x65070BE91...WTI crude oil (CL) futures trade near $82 per barrel, with trader sentiment balancing OPEC+ production restraint against surging US output and inventory builds reported in the latest EIA data. Prices gained modestly in recent sessions amid escalating Middle East tensions, including Israel-Iran rhetoric, embedding a geopolitical risk premium despite steady Red Sea shipping disruptions. Weak Chinese PMI readings signal softer demand ahead, while record US rig counts pressure supply dynamics. End-of-June positioning eyes Thursday's EIA storage report—consensus anticipates a 2.5 million barrel build—and next week's FOMC meeting, where rate cut probabilities (currently 60% for September per CME FedWatch) could sway economic growth expectations and fuel consumption forecasts.
Experimental AI-generated summary referencing Polymarket data · Updated


Beware of external links.
Beware of external links.
Frequently Asked Questions