Trader consensus on Polymarket reflects a 97.2% implied probability that CME WTI crude oil (CL) futures will not exceed the $147.27 all-time daily high by April 30, anchored by the front-month contract's settlement at $84 per barrel following an 11% plunge in the past 48 hours. This sharp reversal stems from Iran's foreign minister declaring the Strait of Hormuz fully open for commercial traffic amid US-Iran de-escalation signals, easing prior Middle East supply disruption fears that had briefly lifted prices above $100 earlier in April. Robust non-OPEC production growth and tepid global demand, underscored by Goldman Sachs' recent forecast cuts, reinforce the downside bias. Tail risks—such as renewed Strait closure or attacks on key infrastructure—remain, but with just 11 days to resolution, the required 75% surge faces steep barriers.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedCrude Oil all time high by April 30?
Crude Oil all time high by April 30?
$285,686 Vol.
$285,686 Vol.
$285,686 Vol.
$285,686 Vol.
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.
This market will resolve as soon as a high price greater than the listed value is published, or once finalized data for the final trading day of April 2026 is published and a high price greater than $147.27 has not been achieved.
The resolution source for this market is the CME Group website (https://www.cmegroup.com/markets/energy/crude-oil/light-sweet-crude.quotes.html) — specifically, the daily "High" prices for the Active Month of Crude Oil (CL) futures.
Market Opened: Mar 31, 2026, 3:50 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.
This market will resolve as soon as a high price greater than the listed value is published, or once finalized data for the final trading day of April 2026 is published and a high price greater than $147.27 has not been achieved.
The resolution source for this market is the CME Group website (https://www.cmegroup.com/markets/energy/crude-oil/light-sweet-crude.quotes.html) — specifically, the daily "High" prices for the Active Month of Crude Oil (CL) futures.
Resolver
0x65070BE91...Trader consensus on Polymarket reflects a 97.2% implied probability that CME WTI crude oil (CL) futures will not exceed the $147.27 all-time daily high by April 30, anchored by the front-month contract's settlement at $84 per barrel following an 11% plunge in the past 48 hours. This sharp reversal stems from Iran's foreign minister declaring the Strait of Hormuz fully open for commercial traffic amid US-Iran de-escalation signals, easing prior Middle East supply disruption fears that had briefly lifted prices above $100 earlier in April. Robust non-OPEC production growth and tepid global demand, underscored by Goldman Sachs' recent forecast cuts, reinforce the downside bias. Tail risks—such as renewed Strait closure or attacks on key infrastructure—remain, but with just 11 days to resolution, the required 75% surge faces steep barriers.
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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