OPEC+'s October decision to delay production increases until December 2026 while gradually unwinding 2.2 million bpd of voluntary cuts has anchored WTI crude oil futures around $71/bbl, balancing supply restraint against softening global demand. China's economic slowdown, with oil imports down 5% year-over-year, and rising US shale output—Baker Hughes rig count steady at 480—have kept long-term price expectations muted, with EIA's latest Short-Term Energy Outlook forecasting 2026 averages near $66/bbl amid 1 mbpd demand growth. Geopolitical tensions in the Middle East add a risk premium, but no supply disruptions. Traders eye November's US election for policy shifts on drilling and the December 5 OPEC+ meeting for output clues, alongside weekly EIA inventories.
Experimental AI-generated summary referencing Polymarket data · Updated↑ $150
10%
↑ $140
15%
↑ $130
23%
↑ $120
33%
↑ $110
43%
↑ $100
63%
↑ $90
84%
↓ $80
50%
↓ $70
41%
↓ $60
24%
↓ $50
6%
↓ $40
3%
↓ $30
1%
↓ $20
1%
$205 Vol.
↑ $150
10%
↑ $140
15%
↑ $130
23%
↑ $120
33%
↑ $110
43%
↑ $100
63%
↑ $90
84%
↓ $80
50%
↓ $70
41%
↓ $60
24%
↓ $50
6%
↓ $40
3%
↓ $30
1%
↓ $20
1%
For WTI futures, the active month refers to the nearest listed contract month. The active month changes at 6:00:00 PM ET at the start of the trading session two business days prior to that contract's last trading day, at which point the next listed contract becomes the active month.
For WTI Crude Oil (CL) futures, the last trading day is defined as three business days prior to the 25th calendar day of the month preceding the contract's delivery month, consistent with CME contract specifications.
Only prices achieved during the applicable trading session for the underlying market will be considered. Under the standard schedule, trading is open from 6:00:00 PM ET Sunday through 5:00:00 PM ET Friday, with a daily break from 5:00:00 PM ET to 6:00:00 PM ET, except where modified by holiday or special-session hours as listed on Pyth.
Prices will be used exactly as published by Pyth, without rounding.
If the Active Month contract does not trade at all during the listed time frame, this market will resolve to "No".
In the event of a contract specification change, feed change, or similar structural modification affecting the underlying market during the listed time frame, this market will resolve based on adjusted prices as displayed on Pyth.
The resolution source for this market is Pyth — specifically, the Active Month WTI Crude Oil futures "High" prices available at https://pythdata.app/explore/Commodities.WTIM6%2FUSD, with the chart settings configured for 1-minute candles.
Historical 1-minute candles may be accessed by appending a Unix timestamp (seconds) to the Pyth chart URL using the "t=" parameter.
If the relevant Pyth data is unavailable due to a system outage, data failure, or other technical disruption that prevents verification of the required 1-minute candle data, the official daily high price published for the Active Month WTI Crude Oil (CL) futures contract by CME Group may be used to determine whether the listed price was reached during the applicable trading session.
Market Opened: Mar 25, 2026, 12:01 AM ET
Resolution Source
https://pythdata.app/explore/Commodities.WTIM6%2FUSDResolver
0x65070BE91...Resolution Source
https://pythdata.app/explore/Commodities.WTIM6%2FUSDResolver
0x65070BE91...OPEC+'s October decision to delay production increases until December 2026 while gradually unwinding 2.2 million bpd of voluntary cuts has anchored WTI crude oil futures around $71/bbl, balancing supply restraint against softening global demand. China's economic slowdown, with oil imports down 5% year-over-year, and rising US shale output—Baker Hughes rig count steady at 480—have kept long-term price expectations muted, with EIA's latest Short-Term Energy Outlook forecasting 2026 averages near $66/bbl amid 1 mbpd demand growth. Geopolitical tensions in the Middle East add a risk premium, but no supply disruptions. Traders eye November's US election for policy shifts on drilling and the December 5 OPEC+ meeting for output clues, alongside weekly EIA inventories.
Experimental AI-generated summary referencing Polymarket data · Updated
Beware of external links.
Beware of external links.
Frequently Asked Questions