WTI crude oil futures have surged over 11% in the past 24 hours to above $112 per barrel—the highest since June 2022—driven by escalating Middle East tensions, including President Trump's threats toward Iran and risks to the Strait of Hormuz, amplifying supply disruption fears amid Iran's dismissal of U.S. ceasefire proposals. This spike follows a 50% monthly gain, reflecting trader consensus on tighter near-term balances despite rising U.S. inventories (up 8.5 million barrels last week) and record domestic production, offset by robust global demand growth, particularly from China at 1.4 million barrels per day in 2026 forecasts. Key catalysts ahead include weekly EIA inventory data, potential OPEC+ responses, and the April 28-29 FOMC meeting, where oil-fueled inflation could influence rate path expectations.
Experimental AI-generated summary referencing Polymarket data · Updated$6,286,254 Vol.
↑ $200
3%
↑ $170
6%
↑ $160
10%
↑ $150
21%
↑ $140
34%
↑ $130
50%
↑ $120
76%
↓ $80
18%
↓ $70
5%
↓ $60
2%
↓ $50
1%
↓ $40
1%
↓ $30
<1%
↓ $20
<1%
$6,286,254 Vol.
↑ $200
3%
↑ $170
6%
↑ $160
10%
↑ $150
21%
↑ $140
34%
↑ $130
50%
↑ $120
76%
↓ $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 futures have surged over 11% in the past 24 hours to above $112 per barrel—the highest since June 2022—driven by escalating Middle East tensions, including President Trump's threats toward Iran and risks to the Strait of Hormuz, amplifying supply disruption fears amid Iran's dismissal of U.S. ceasefire proposals. This spike follows a 50% monthly gain, reflecting trader consensus on tighter near-term balances despite rising U.S. inventories (up 8.5 million barrels last week) and record domestic production, offset by robust global demand growth, particularly from China at 1.4 million barrels per day in 2026 forecasts. Key catalysts ahead include weekly EIA inventory data, potential OPEC+ responses, and the April 28-29 FOMC meeting, where oil-fueled inflation could influence rate path expectations.
Experimental AI-generated summary referencing Polymarket data · Updated
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