Recent Middle East supply disruptions from the effective closure of the Strait of Hormuz have driven sharp inventory draws and elevated WTI crude prices near $107 per barrel as of mid-May 2026. The EIA projects Brent averaging $106 per barrel through June amid 8.5 million bpd global stock declines in the second quarter, with production outages in key OPEC+ nations sustaining tightness even as modest output quota hikes of 188,000 bpd take effect in June. Traders are pricing in potential easing if shipping resumes later in the month, though persistent disruptions could push levels higher before seasonal demand shifts and non-OPEC supply growth exert downward pressure into the second half of the year.
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?
$122,300 Vol.
$90
63%
$85
65%
$80
69%
$75
76%
$70
87%
$65
90%
$63
94%
$60
97%
$56
97%
$55
95%
$52
97%
$50
96%
$122,300 Vol.
$90
63%
$85
65%
$80
69%
$75
76%
$70
87%
$65
90%
$63
94%
$60
97%
$56
97%
$55
95%
$52
97%
$50
96%
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...Recent Middle East supply disruptions from the effective closure of the Strait of Hormuz have driven sharp inventory draws and elevated WTI crude prices near $107 per barrel as of mid-May 2026. The EIA projects Brent averaging $106 per barrel through June amid 8.5 million bpd global stock declines in the second quarter, with production outages in key OPEC+ nations sustaining tightness even as modest output quota hikes of 188,000 bpd take effect in June. Traders are pricing in potential easing if shipping resumes later in the month, though persistent disruptions could push levels higher before seasonal demand shifts and non-OPEC supply growth exert downward pressure into the second half of the year.
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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