WTI crude oil (CL) futures hover around $81.50 per barrel amid heightened Middle East tensions from Israel's recent strikes on Iran, which sparked a 7% weekly rally before partial pullback as conflict risks eased. OPEC+'s extension of voluntary production cuts through 2024 underpins supply restraint, countering bearish US inventory builds reported in the latest EIA data (up 3.9 million barrels ex-IRAs). Summer driving season fuels gasoline demand, with crack spreads widening, while global economic slowdown fears—tied to persistent inflation and delayed Fed rate cuts—cap upside. Traders eye Wednesday's EIA storage report and June 26 FOMC for demand signals, with end-June contracts implying modest contango reflecting balanced supply-demand dynamics.
Experimental AI-generated summary referencing Polymarket data · UpdatedCrude Oil (CL) above ___ end of June?
Crude Oil (CL) above ___ end of June?
$29,447 Vol.
$90
50%
$85
54%
$80
71%
$75
77%
$70
83%
$65
86%
$63
84%
$60
86%
$56
90%
$55
90%
$52
94%
$50
94%
$29,447 Vol.
$90
50%
$85
54%
$80
71%
$75
77%
$70
83%
$65
86%
$63
84%
$60
86%
$56
90%
$55
90%
$52
94%
$50
94%
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 during June 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: Dec 26, 2025, 6:29 PM ET
Resolver
0x65070BE91...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 during June 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...WTI crude oil (CL) futures hover around $81.50 per barrel amid heightened Middle East tensions from Israel's recent strikes on Iran, which sparked a 7% weekly rally before partial pullback as conflict risks eased. OPEC+'s extension of voluntary production cuts through 2024 underpins supply restraint, countering bearish US inventory builds reported in the latest EIA data (up 3.9 million barrels ex-IRAs). Summer driving season fuels gasoline demand, with crack spreads widening, while global economic slowdown fears—tied to persistent inflation and delayed Fed rate cuts—cap upside. Traders eye Wednesday's EIA storage report and June 26 FOMC for demand signals, with end-June contracts implying modest contango reflecting balanced supply-demand dynamics.
Experimental AI-generated summary referencing Polymarket data · Updated
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