WTI crude oil (CL) futures hover near $81/bbl after surging to a five-month high above $82 earlier this week, driven by escalating Middle East tensions—including Israeli strikes on Iran and Hezbollah clashes—that have added a geopolitical risk premium amid supply disruption fears. A larger-than-expected 5.8 million barrel draw in U.S. crude inventories per last week's EIA data bolstered the rally, countering soft Chinese demand signals and high global stockpiles. OPEC+'s decision to maintain deep production cuts through September, with gradual unwinding from October, anchors supply restraint. Traders eye Thursday's EIA inventory report and any conflict escalations as key catalysts before June 30 resolution, with recession risks and a firm U.S. dollar capping upside potential.
Experimental AI-generated summary referencing Polymarket data · UpdatedWill Crude Oil (CL) hit__ by end of June?
Will Crude Oil (CL) hit__ by end of June?
$2,572,828 Vol.
↑ $200
12%
↑ $175
14%
↑ $150
23%
↑ $140
28%
↑ $130
38%
↑ $120
49%
↑ $115
61%
↑ $110
67%
↑ $105
78%
↑ $100
85%
↓ $85
80%
↓ $80
65%
↓ $70
42%
↓ $60
21%
↓ $55
14%
↓ $52
12%
↓ $50
9%
↓ $47
6%
↓ $45
3%
↓ $40
3%
↓ $35
2%
$2,572,828 Vol.
↑ $200
12%
↑ $175
14%
↑ $150
23%
↑ $140
28%
↑ $130
38%
↑ $120
49%
↑ $115
61%
↑ $110
67%
↑ $105
78%
↑ $100
85%
↓ $85
80%
↓ $80
65%
↓ $70
42%
↓ $60
21%
↓ $55
14%
↓ $52
12%
↓ $50
9%
↓ $47
6%
↓ $45
3%
↓ $40
3%
↓ $35
2%
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 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: Mar 19, 2026, 1:59 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 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 near $81/bbl after surging to a five-month high above $82 earlier this week, driven by escalating Middle East tensions—including Israeli strikes on Iran and Hezbollah clashes—that have added a geopolitical risk premium amid supply disruption fears. A larger-than-expected 5.8 million barrel draw in U.S. crude inventories per last week's EIA data bolstered the rally, countering soft Chinese demand signals and high global stockpiles. OPEC+'s decision to maintain deep production cuts through September, with gradual unwinding from October, anchors supply restraint. Traders eye Thursday's EIA inventory report and any conflict escalations as key catalysts before June 30 resolution, with recession risks and a firm U.S. dollar capping upside potential.
Experimental AI-generated summary referencing Polymarket data · Updated
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