WTI crude oil (CL) futures surged 5.5% to close at $99.64 on March 27, with intraday highs piercing $101.24, propelled by escalating geopolitical risks including potential Iran conflict prolongation after President Trump's deadline extension for Tehran and curtailed Russian exports amid Ukraine tensions. These supply disruption fears have overridden recent U.S. Energy Information Administration (EIA) data showing a 6.2 million barrel inventory build for the week ended March 13, fostering volatile trader sentiment on Polymarket where probabilities hover near even money for breaching key $100 thresholds by March 31 settlement. Month-end positioning and Thursday's EIA weekly petroleum status report—tracking crude stocks, production, and refinery runs—stand as pivotal catalysts ahead of resolution, with market-implied odds reflecting crowded risk premiums amid elevated volatility.
Experimental AI-generated summary referencing Polymarket data · UpdatedWill Crude Oil (CL) hit__ by end of March?
Will Crude Oil (CL) hit__ by end of March?
$68,716,327 Vol.
↑ $200
<1%
↑ $180
<1%
↑ $150
1%
↑ $140
2%
↑ $130
3%
↑ $120
10%
↑ $110
24%
↑ $105
48%
↑ $100
74%
↓ $80
3%
↓ $85
4%
↓ $75
1%
↓ $70
1%
↓ $40
<1%
↓ $65
1%
↓ $60
<1%
↓ $50
<1%
↓ $55
<1%
↓ $45
<1%
$68,716,327 Vol.
↑ $200
<1%
↑ $180
<1%
↑ $150
1%
↑ $140
2%
↑ $130
3%
↑ $120
10%
↑ $110
24%
↑ $105
48%
↑ $100
74%
↓ $80
3%
↓ $85
4%
↓ $75
1%
↓ $70
1%
↓ $40
<1%
↓ $65
1%
↓ $60
<1%
↓ $50
<1%
↓ $55
<1%
↓ $45
<1%
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 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 24, 2026, 6:14 PM ET
Resolver
0x65070BE91...Outcome proposed: Yes
No dispute
Final outcome: Yes
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 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.
Resolver
0x65070BE91...Outcome proposed: Yes
No dispute
Final outcome: Yes
WTI crude oil (CL) futures surged 5.5% to close at $99.64 on March 27, with intraday highs piercing $101.24, propelled by escalating geopolitical risks including potential Iran conflict prolongation after President Trump's deadline extension for Tehran and curtailed Russian exports amid Ukraine tensions. These supply disruption fears have overridden recent U.S. Energy Information Administration (EIA) data showing a 6.2 million barrel inventory build for the week ended March 13, fostering volatile trader sentiment on Polymarket where probabilities hover near even money for breaching key $100 thresholds by March 31 settlement. Month-end positioning and Thursday's EIA weekly petroleum status report—tracking crude stocks, production, and refinery runs—stand as pivotal catalysts ahead of resolution, with market-implied odds reflecting crowded risk premiums amid elevated volatility.
Experimental AI-generated summary referencing Polymarket data · Updated



Beware of external links.
Beware of external links.
Frequently Asked Questions