Recent Middle East supply disruptions, including Saudi pipeline shutdowns after drone strikes and renewed U.S.-Iran tensions threatening Strait of Hormuz flows, have propelled WTI crude to approximately $102.66 per barrel on September 14, 2026, up over 20% in the past month and 62% year-over-year. This rally reflects elevated geopolitical risk premiums amid ongoing maritime and export constraints, though prices remain well below the $147.27 all-time high set in July 2008. Forward curves show backwardation consistent with near-term tightness, while global demand faces headwinds from higher fuel costs and IEA forecasts of 2026 contractions. Key near-term catalysts include any de-escalation talks, OPEC+ output decisions, and weekly EIA inventory data that could shift trader-implied odds on hitting the record threshold by year-end.
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...?
$3,692,174 Vol.
September 30
3%
December 31
15%
$3,692,174 Vol.
September 30
3%
December 31
15%
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 the specified time period 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. If finalized data for the final trading day of the specified time period has not been published on the CME Group website within 14 calendar days (ET) of the end of that period, this market will resolve based on the data published through all CME Group channels up to that point.
Market Opened: Apr 30, 2026, 2:38 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 the specified time period 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. If finalized data for the final trading day of the specified time period has not been published on the CME Group website within 14 calendar days (ET) of the end of that period, this market will resolve based on the data published through all CME Group channels up to that point.
Resolver
0x65070BE91...Recent Middle East supply disruptions, including Saudi pipeline shutdowns after drone strikes and renewed U.S.-Iran tensions threatening Strait of Hormuz flows, have propelled WTI crude to approximately $102.66 per barrel on September 14, 2026, up over 20% in the past month and 62% year-over-year. This rally reflects elevated geopolitical risk premiums amid ongoing maritime and export constraints, though prices remain well below the $147.27 all-time high set in July 2008. Forward curves show backwardation consistent with near-term tightness, while global demand faces headwinds from higher fuel costs and IEA forecasts of 2026 contractions. Key near-term catalysts include any de-escalation talks, OPEC+ output decisions, and weekly EIA inventory data that could shift trader-implied odds on hitting the record threshold by year-end.
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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