WTI crude oil prices have surged above $111/bbl as of April 2, 2026, propelled by escalating Middle East tensions, including Strait of Hormuz disruptions and broader geopolitical risks that override rising U.S. inventories, which climbed 5.5 million barrels to 461.6 million for the week ended March 27 per the latest EIA data. OPEC+ members agreed to a modest 206,000 b/d production hike starting this month, gradually unwinding voluntary cuts amid robust non-OPEC supply growth, yet trader consensus reflects premium pricing for supply outage scenarios. Watch the April 8 EIA weekly report and any Hormuz escalation for volatility through month-end resolution, with forecasts varying from $91–$95/bbl (EIA Q2 average) to higher amid persistent risks.
Experimental AI-generated summary referencing Polymarket data · Updated$6,176,388 Vol.
↑ $200
3%
↑ $170
7%
↑ $160
9%
↑ $150
22%
↑ $140
34%
↑ $130
51%
↑ $120
75%
↓ $80
18%
↓ $70
5%
↓ $60
2%
↓ $50
1%
↓ $40
1%
↓ $30
1%
↓ $20
<1%
$6,176,388 Vol.
↑ $200
3%
↑ $170
7%
↑ $160
9%
↑ $150
22%
↑ $140
34%
↑ $130
51%
↑ $120
75%
↓ $80
18%
↓ $70
5%
↓ $60
2%
↓ $50
1%
↓ $40
1%
↓ $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 "Low" prices available at https://pythdata.app/explore?search=WTI, 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 low 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/exploreResolver
0x65070BE91...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 "Low" prices available at https://pythdata.app/explore?search=WTI, 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 low 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.
Resolution Source
https://pythdata.app/exploreResolver
0x65070BE91...WTI crude oil prices have surged above $111/bbl as of April 2, 2026, propelled by escalating Middle East tensions, including Strait of Hormuz disruptions and broader geopolitical risks that override rising U.S. inventories, which climbed 5.5 million barrels to 461.6 million for the week ended March 27 per the latest EIA data. OPEC+ members agreed to a modest 206,000 b/d production hike starting this month, gradually unwinding voluntary cuts amid robust non-OPEC supply growth, yet trader consensus reflects premium pricing for supply outage scenarios. Watch the April 8 EIA weekly report and any Hormuz escalation for volatility through month-end resolution, with forecasts varying from $91–$95/bbl (EIA Q2 average) to higher amid persistent risks.
Experimental AI-generated summary referencing Polymarket data · Updated
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