Trader consensus on Polymarket prices an 89.5% implied probability against West Texas Intermediate (WTI) crude oil reaching its all-time high of $410 per barrel by April 30, reflecting the vast chasm from current spot levels near $107/bbl amid a recent 6%+ surge driven by Iran-related geopolitical tensions and Middle East supply disruption fears. This positioning stems from post-2025 peak moderation, with EIA and analyst forecasts projecting Brent crude averages of $70–$85/bbl for 2026 amid ample non-OPEC supply growth outpacing demand, despite short-term volatility from OPEC+ cuts. Key swing factors include potential escalation in regional conflicts or unexpected outages, but the required 280% rally remains improbable barring unprecedented shocks, with weekly EIA inventory data and OPEC meetings as near-term catalysts.
Experimental AI-generated summary referencing Polymarket data · UpdatedCrude Oil all time high by April 30?
Crude Oil all time high by April 30?
$24,506 Vol.
$24,506 Vol.
$24,506 Vol.
$24,506 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 prices an 89.5% implied probability against West Texas Intermediate (WTI) crude oil reaching its all-time high of $410 per barrel by April 30, reflecting the vast chasm from current spot levels near $107/bbl amid a recent 6%+ surge driven by Iran-related geopolitical tensions and Middle East supply disruption fears. This positioning stems from post-2025 peak moderation, with EIA and analyst forecasts projecting Brent crude averages of $70–$85/bbl for 2026 amid ample non-OPEC supply growth outpacing demand, despite short-term volatility from OPEC+ cuts. Key swing factors include potential escalation in regional conflicts or unexpected outages, but the required 280% rally remains improbable barring unprecedented shocks, with weekly EIA inventory data and OPEC meetings as near-term catalysts.
Experimental AI-generated summary referencing Polymarket data · Updated



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