WTI crude oil futures have plunged over 10% in the past week to around $84 per barrel, unwinding a geopolitical risk premium after Iran's announcement to reopen the Strait of Hormuz for commercial shipping amid a US-Iran ceasefire, marking the first crude cargo clearance since the US blockade began. This follows elevated prices near $100 earlier in April, pressured by US EIA data showing a 913,000-barrel inventory draw to 463.8 million barrels—1% above the five-year average—yet signaling ample supply. OPEC+ approved a modest 206,000 bpd quota increase for May, tempering bullish momentum amid softer global demand growth forecasts. Traders monitor weekly EIA reports, summer driving season demand, and June IEA Oil Market Report for shifts toward end-June settlement near current $82 June futures levels.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedCrude Oil (CL) above ___ end of June?
Crude Oil (CL) above ___ end of June?
$91,536 Vol.
$90
38%
$85
34%
$80
52%
$75
70%
$70
79%
$65
84%
$63
87%
$60
91%
$56
90%
$55
93%
$52
93%
$50
91%
$91,536 Vol.
$90
38%
$85
34%
$80
52%
$75
70%
$70
79%
$65
84%
$63
87%
$60
91%
$56
90%
$55
93%
$52
93%
$50
91%
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 during June 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: Dec 26, 2025, 6:29 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 during June 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 have plunged over 10% in the past week to around $84 per barrel, unwinding a geopolitical risk premium after Iran's announcement to reopen the Strait of Hormuz for commercial shipping amid a US-Iran ceasefire, marking the first crude cargo clearance since the US blockade began. This follows elevated prices near $100 earlier in April, pressured by US EIA data showing a 913,000-barrel inventory draw to 463.8 million barrels—1% above the five-year average—yet signaling ample supply. OPEC+ approved a modest 206,000 bpd quota increase for May, tempering bullish momentum amid softer global demand growth forecasts. Traders monitor weekly EIA reports, summer driving season demand, and June IEA Oil Market Report for shifts toward end-June settlement near current $82 June futures levels.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated

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