WTI crude oil front-month futures have surged more than 7% to above $107 per barrel following President Trump's speech heightening Iran tensions and fears of supply disruptions through key chokepoints like the Strait of Hormuz, embedding a sharp geopolitical risk premium into pricing. This overshadowed the latest EIA Weekly Petroleum Status Report showing a 5.5 million-barrel US crude inventory build for the week ending March 27, amid steady distillate production and softer gasoline output. OPEC+ meets Sunday to consider further production hikes after April's 206,000 barrels per day increase, balancing ample supply against robust demand from China recovery. Traders monitor Thursday's EIA data, IEA monthly report, and FOMC signals on economic growth for end-April price direction.
Experimental AI-generated summary referencing Polymarket data · Updated$3,539,903 Vol.
↑ $200
2%
↑ $170
3%
↑ $160
5%
↑ $150
12%
↑ $140
19%
↑ $130
35%
↑ $120
67%
↑ $110
100%
↓ $80
16%
↓ $70
5%
↓ $60
1%
↓ $50
1%
↓ $40
<1%
↓ $30
<1%
↓ $20
<1%
$3,539,903 Vol.
↑ $200
2%
↑ $170
3%
↑ $160
5%
↑ $150
12%
↑ $140
19%
↑ $130
35%
↑ $120
67%
↑ $110
100%
↓ $80
16%
↓ $70
5%
↓ $60
1%
↓ $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 "High" 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 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/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 "High" 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 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.
Resolution Source
https://pythdata.app/exploreResolver
0x65070BE91...WTI crude oil front-month futures have surged more than 7% to above $107 per barrel following President Trump's speech heightening Iran tensions and fears of supply disruptions through key chokepoints like the Strait of Hormuz, embedding a sharp geopolitical risk premium into pricing. This overshadowed the latest EIA Weekly Petroleum Status Report showing a 5.5 million-barrel US crude inventory build for the week ending March 27, amid steady distillate production and softer gasoline output. OPEC+ meets Sunday to consider further production hikes after April's 206,000 barrels per day increase, balancing ample supply against robust demand from China recovery. Traders monitor Thursday's EIA data, IEA monthly report, and FOMC signals on economic growth for end-April price direction.
Experimental AI-generated summary referencing Polymarket data · Updated
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