WTI crude oil (CL) futures hover near $78 per barrel, reflecting trader consensus on a fragile supply-demand balance amid recent EIA-reported inventory builds exceeding 4 million barrels for four straight weeks, signaling ample US stockpiles despite OPEC+ production cuts extended through Q2. Weak Chinese demand data and rising non-OPEC output, particularly from US shale, have pressured prices lower from January peaks above $80, while Red Sea disruptions add a modest geopolitical risk premium. Upcoming catalysts include the March 6 EIA inventory report, FOMC meeting on March 19-20 influencing USD strength, and potential Houthi escalation, with traders pricing in low odds of a decisive breakout before month-end resolution.
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?
$62,665,178 Vol.
↑ $200
1%
↑ $180
<1%
↑ $150
1%
↑ $140
1%
↑ $130
2%
↑ $120
5%
↑ $110
10%
↑ $105
18%
↑ $100
35%
↑ $95
81%
↓ $80
10%
↓ $85
18%
↓ $75
3%
↓ $70
2%
↓ $40
<1%
↓ $65
1%
↓ $60
1%
↓ $50
<1%
↓ $55
<1%
↓ $45
<1%
$62,665,178 Vol.
↑ $200
1%
↑ $180
<1%
↑ $150
1%
↑ $140
1%
↑ $130
2%
↑ $120
5%
↑ $110
10%
↑ $105
18%
↑ $100
35%
↑ $95
81%
↓ $80
10%
↓ $85
18%
↓ $75
3%
↓ $70
2%
↓ $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 6, 2026, 1:26 PM ET
Resolver
0x65070BE91...Resolver
0x65070BE91...WTI crude oil (CL) futures hover near $78 per barrel, reflecting trader consensus on a fragile supply-demand balance amid recent EIA-reported inventory builds exceeding 4 million barrels for four straight weeks, signaling ample US stockpiles despite OPEC+ production cuts extended through Q2. Weak Chinese demand data and rising non-OPEC output, particularly from US shale, have pressured prices lower from January peaks above $80, while Red Sea disruptions add a modest geopolitical risk premium. Upcoming catalysts include the March 6 EIA inventory report, FOMC meeting on March 19-20 influencing USD strength, and potential Houthi escalation, with traders pricing in low odds of a decisive breakout before month-end resolution.
Experimental AI-generated summary referencing Polymarket data · Updated


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