WTI crude oil futures surged to a March 27 settlement of $99.64 per barrel—highest since July 2022—driven by U.S.-Israeli strikes on Iran disrupting Strait of Hormuz flows, trapping millions of barrels and sparking mine deployments and ship attacks. This geopolitical escalation overshadowed a surprise 6.9 million barrel U.S. crude inventory build reported by EIA for the week ending March 20, with refinery inputs steady at 16.6 million bpd. OPEC+'s March 1 decision for a modest 206,000 bpd output hike starting April provides minimal counterbalance amid Russian export curbs. With end-March settlement days away, traders eye tomorrow's EIA data and conflict updates for volatility spikes, as positioning reflects supply disruption risks over demand softness.
Experimental AI-generated summary referencing Polymarket data · UpdatedNEW
Mar 31, 2026
$84
92%
$80
84%
$76
91%
$72
97%
$68
95%
$64
98%
$60
99%
$56
98%
$52
100%
$48
100%
$9,386 Vol.
$84
$1,318 Vol.
92%
$80
$1,578 Vol.
84%
$76
$393 Vol.
91%
$72
$0 Vol.
97%
$68
$1,303 Vol.
95%
$64
$1,577 Vol.
98%
$60
$0 Vol.
99%
$56
$0 Vol.
98%
$52
$1,587 Vol.
100%
$48
$1,630 Vol.
100%
This market will resolve to "Yes" if the official CME settlement price for the Active Month of Crude Oil futures on the final trading day of March 2026 is higher than the listed price. Otherwise, the market will resolve to "No".
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 March 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.WTI crude oil futures surged to a March 27 settlement of $99.64 per barrel—highest since July 2022—driven by U.S.-Israeli strikes on Iran disrupting Strait of Hormuz flows, trapping millions of barrels and sparking mine deployments and ship attacks. This geopolitical escalation overshadowed a surprise 6.9 million barrel U.S. crude inventory build reported by EIA for the week ending March 20, with refinery inputs steady at 16.6 million bpd. OPEC+'s March 1 decision for a modest 206,000 bpd output hike starting April provides minimal counterbalance amid Russian export curbs. With end-March settlement days away, traders eye tomorrow's EIA data and conflict updates for volatility spikes, as positioning reflects supply disruption risks over demand softness.
This market will resolve to "Yes" if the official CME settlement price for the Active Month of Crude Oil futures on the final trading day of March 2026 is higher than the listed price. Otherwise, the market will resolve to "No".
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 March 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.
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 March 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, 2:57 PM ET
Volume
$9,386End Date
Mar 31, 2026Market Opened
Mar 3, 2026, 2:57 PM ETResolver
0x65070BE91...This market will resolve to "Yes" if the official CME settlement price for the Active Month of Crude Oil futures on the final trading day of March 2026 is higher than the listed price. Otherwise, the market will resolve to "No".
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 March 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.WTI crude oil futures surged to a March 27 settlement of $99.64 per barrel—highest since July 2022—driven by U.S.-Israeli strikes on Iran disrupting Strait of Hormuz flows, trapping millions of barrels and sparking mine deployments and ship attacks. This geopolitical escalation overshadowed a surprise 6.9 million barrel U.S. crude inventory build reported by EIA for the week ending March 20, with refinery inputs steady at 16.6 million bpd. OPEC+'s March 1 decision for a modest 206,000 bpd output hike starting April provides minimal counterbalance amid Russian export curbs. With end-March settlement days away, traders eye tomorrow's EIA data and conflict updates for volatility spikes, as positioning reflects supply disruption risks over demand softness.
This market will resolve to "Yes" if the official CME settlement price for the Active Month of Crude Oil futures on the final trading day of March 2026 is higher than the listed price. Otherwise, the market will resolve to "No".
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 March 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.
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 March 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.
Volume
$9,386End Date
Mar 31, 2026Market Opened
Mar 3, 2026, 2:57 PM ETResolver
0x65070BE91...WTI crude oil futures surged to a March 27 settlement of $99.64 per barrel—highest since July 2022—driven by U.S.-Israeli strikes on Iran disrupting Strait of Hormuz flows, trapping millions of barrels and sparking mine deployments and ship attacks. This geopolitical escalation overshadowed a surprise 6.9 million barrel U.S. crude inventory build reported by EIA for the week ending March 20, with refinery inputs steady at 16.6 million bpd. OPEC+'s March 1 decision for a modest 206,000 bpd output hike starting April provides minimal counterbalance amid Russian export curbs. With end-March settlement days away, traders eye tomorrow's EIA data and conflict updates for volatility spikes, as positioning reflects supply disruption risks over demand softness.
Experimental AI-generated summary referencing Polymarket data · Updated
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