WTI crude oil futures spiked to a weekly high above $105 per barrel on April 13 amid U.S. naval blockade fears at the Strait of Hormuz, threatening 20% of global supply flows and inflating a geopolitical risk premium that drove trader consensus toward higher price thresholds early in the week. Prices plunged over 11% to $83.85 by April 18 after Iran reopened the strait for commercial shipping, erasing much of the premium alongside OPEC+'s April 5 decision to hike output by 206,000 barrels per day starting this month. The EIA's April 15 report revealed an unexpected crude inventory draw of 913,000 barrels for the prior week, with gasoline and distillate stocks also declining, supporting near-term bullish dynamics. Traders eye next week's EIA data release on April 22 for fresh supply signals amid lingering Middle East tensions.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated$49,224 Vol.
↑ $130
No
↑ $125
No
↑ $120
No
↑ $115
No
↑ $110
No
↑ $105
Yes
↑ $100
Yes
↓ $95
Yes
↓ $90
Yes
↓ $85
Yes
↓ $80
Yes
↓ $75
No
↓ $70
No
↓ $65
No
$49,224 Vol.
↑ $130
No
↑ $125
No
↑ $120
No
↑ $115
No
↑ $110
No
↑ $105
Yes
↑ $100
Yes
↓ $95
Yes
↓ $90
Yes
↓ $85
Yes
↓ $80
Yes
↓ $75
No
↓ $70
No
↓ $65
No
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 (or four business days prior if the 25th calendar day is not a business day), 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: Apr 10, 2026, 6:02 PM ET
Resolution Source
https://pythdata.app/explore?search=WTIResolver
0x65070BE91...Outcome proposed: No
No dispute
Final outcome: No
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 (or four business days prior if the 25th calendar day is not a business day), 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/explore?search=WTIResolver
0x65070BE91...Outcome proposed: No
No dispute
Final outcome: No
WTI crude oil futures spiked to a weekly high above $105 per barrel on April 13 amid U.S. naval blockade fears at the Strait of Hormuz, threatening 20% of global supply flows and inflating a geopolitical risk premium that drove trader consensus toward higher price thresholds early in the week. Prices plunged over 11% to $83.85 by April 18 after Iran reopened the strait for commercial shipping, erasing much of the premium alongside OPEC+'s April 5 decision to hike output by 206,000 barrels per day starting this month. The EIA's April 15 report revealed an unexpected crude inventory draw of 913,000 barrels for the prior week, with gasoline and distillate stocks also declining, supporting near-term bullish dynamics. Traders eye next week's EIA data release on April 22 for fresh supply signals amid lingering Middle East tensions.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated


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