Geopolitical tensions and the effective closure of the Strait of Hormuz since late February have driven the primary catalyst for crude oil prices, triggering sharp inventory draws of 8.5 million barrels per day in the second quarter according to the EIA’s latest Short-Term Energy Outlook. WTI crude futures have traded near $102–$107 per barrel in mid-May amid 10.5 million barrels per day of Middle East production shut-ins, supporting elevated levels through June before gradual supply recovery is expected to ease pressures. Traders are monitoring weekly EIA inventory reports, any resumption of tanker traffic, and diplomatic developments that could reduce risk premiums ahead of month-end resolution. Longer-term non-OPEC supply growth and softer demand trends continue to weigh on forward pricing, though near-term physical tightness dominates sentiment.
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
69%
$85
68%
$80
81%
$75
76%
$70
89%
$65
90%
$63
94%
$60
97%
$56
97%
$55
96%
$52
98%
$50
97%
$122,692 Vol.
$90
69%
$85
68%
$80
81%
$75
76%
$70
89%
$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 and the effective closure of the Strait of Hormuz since late February have driven the primary catalyst for crude oil prices, triggering sharp inventory draws of 8.5 million barrels per day in the second quarter according to the EIA’s latest Short-Term Energy Outlook. WTI crude futures have traded near $102–$107 per barrel in mid-May amid 10.5 million barrels per day of Middle East production shut-ins, supporting elevated levels through June before gradual supply recovery is expected to ease pressures. Traders are monitoring weekly EIA inventory reports, any resumption of tanker traffic, and diplomatic developments that could reduce risk premiums ahead of month-end resolution. Longer-term non-OPEC supply growth and softer demand trends continue to weigh on forward pricing, though near-term physical tightness dominates sentiment.
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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