Geopolitical supply disruptions from the ongoing U.S.-Iran tensions and effective closure of the Strait of Hormuz remain the dominant driver behind WTI crude oil futures trading near $100–$103 per barrel in mid-May 2026. These events have produced record inventory draws averaging 8.5 million barrels per day in the second quarter, tightening global balances and elevating the market-implied probability of a June settlement above $84 to 68 percent. Recent analyst revisions, including EIA projections for averages near $106 per barrel through June, reinforce this positioning, while expectations of gradual normalization in Middle East flows later in the year introduce downside risk priced into the lower buckets. Traders committing real capital to these ranges reflect a consensus that balances current tightness against potential diplomatic or production rebounds ahead of June settlement.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedWhat will Crude Oil (CL) settle at in June?
>$84 68%
$77-$84 13%
$70-$77 5.9%
$63-$70 1.7%
$190,409 Vol.
$190,409 Vol.
<$42
<1%
$42-$49
1%
$49-$56
1%
$56-$63
1%
$63-$70
2%
$70-$77
6%
$77-$84
13%
>$84
68%
>$84 68%
$77-$84 13%
$70-$77 5.9%
$63-$70 1.7%
$190,409 Vol.
$190,409 Vol.
<$42
<1%
$42-$49
1%
$49-$56
1%
$56-$63
1%
$63-$70
2%
$70-$77
6%
$77-$84
13%
>$84
68%
If the reported value falls exactly between two brackets, then this market will resolve to the higher range bracket.
If the final trading day of the month is shortened (for example, due to a market-holiday schedule), the official settlement price published for that shortened session will still be used for resolution. If no settlement price is published for that session, the market will use the most recent published settlement for the Active Month during June.
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 the relevant 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, 6:31 PM ET
Resolver
0x2F5e3684c...If the reported value falls exactly between two brackets, then this market will resolve to the higher range bracket.
If the final trading day of the month is shortened (for example, due to a market-holiday schedule), the official settlement price published for that shortened session will still be used for resolution. If no settlement price is published for that session, the market will use the most recent published settlement for the Active Month during June.
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 the relevant 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
0x2F5e3684c...Geopolitical supply disruptions from the ongoing U.S.-Iran tensions and effective closure of the Strait of Hormuz remain the dominant driver behind WTI crude oil futures trading near $100–$103 per barrel in mid-May 2026. These events have produced record inventory draws averaging 8.5 million barrels per day in the second quarter, tightening global balances and elevating the market-implied probability of a June settlement above $84 to 68 percent. Recent analyst revisions, including EIA projections for averages near $106 per barrel through June, reinforce this positioning, while expectations of gradual normalization in Middle East flows later in the year introduce downside risk priced into the lower buckets. Traders committing real capital to these ranges reflect a consensus that balances current tightness against potential diplomatic or production rebounds ahead of June settlement.
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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