Geopolitical tensions surrounding the U.S.-Iran conflict and the effective closure of the Strait of Hormuz continue to dominate WTI crude oil pricing, driving recent spot levels above $103 per barrel and supporting elevated June 2026 futures contracts near $105-$107. Supply shut-ins of roughly 10.5 million barrels per day in April have tightened global inventories, with the EIA’s May Short-Term Energy Outlook projecting an average draw of 8.5 million barrels per day in the second quarter that could keep Brent near $106 through June. Market participants weigh these near-term constraints against potential diplomatic progress, a gradual reopening of shipping lanes, and the June 7 OPEC+ meeting that may clarify production adjustments. Weekly EIA inventory data and any shifts in non-OPEC supply growth remain key variables that could influence settlement levels by month-end.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedCrude Oil (CL) above ___ end of June?
$122,692 Vol.
$90
70%
$85
68%
$80
80%
$75
76%
$70
88%
$65
90%
$63
94%
$60
97%
$56
97%
$55
96%
$52
98%
$50
97%
$122,692 Vol.
$90
70%
$85
68%
$80
80%
$75
76%
$70
88%
$65
90%
$63
94%
$60
97%
$56
97%
$55
96%
$52
98%
$50
97%
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...Geopolitical tensions surrounding the U.S.-Iran conflict and the effective closure of the Strait of Hormuz continue to dominate WTI crude oil pricing, driving recent spot levels above $103 per barrel and supporting elevated June 2026 futures contracts near $105-$107. Supply shut-ins of roughly 10.5 million barrels per day in April have tightened global inventories, with the EIA’s May Short-Term Energy Outlook projecting an average draw of 8.5 million barrels per day in the second quarter that could keep Brent near $106 through June. Market participants weigh these near-term constraints against potential diplomatic progress, a gradual reopening of shipping lanes, and the June 7 OPEC+ meeting that may clarify production adjustments. Weekly EIA inventory data and any shifts in non-OPEC supply growth remain key variables that could influence settlement levels by month-end.
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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