WTI crude oil (CL) front-month futures settled near $103 per barrel on March 31, 2026, up about 0.9% intraday amid escalating Middle East tensions, including Iran's recent attack on a Kuwaiti tanker near Dubai that heightened fears of Strait of Hormuz disruptions—the largest supply shock risk in decades. This geopolitical catalyst has driven a 45% rally over the past month, reversing earlier slips below $100 earlier in March, as trader consensus prices in potential OPEC+ supply restraint amid robust global demand and constrained inventories. U.S. gasoline prices topping $4/gallon underscore downstream pressures, while upcoming EIA weekly petroleum status report and April OPEC monitoring committee meeting could sway near-term volatility as markets eye resolution thresholds for end-of-March contracts.
Experimental AI-generated summary referencing Polymarket data · UpdatedWill Crude Oil (CL) hit__ by end of March?
Will Crude Oil (CL) hit__ by end of March?
$80,698,112 Vol.
↑ $200
<1%
↑ $180
<1%
↑ $150
<1%
↑ $140
<1%
↑ $130
<1%
↑ $120
1%
↑ $110
3%
↑ $105
23%
↓ $80
<1%
↓ $85
<1%
↓ $75
<1%
↓ $70
<1%
↓ $40
<1%
↓ $65
<1%
↓ $60
<1%
↓ $50
<1%
↓ $55
<1%
↓ $45
<1%
$80,698,112 Vol.
↑ $200
<1%
↑ $180
<1%
↑ $150
<1%
↑ $140
<1%
↑ $130
<1%
↑ $120
1%
↑ $110
3%
↑ $105
23%
↓ $80
<1%
↓ $85
<1%
↓ $75
<1%
↓ $70
<1%
↓ $40
<1%
↓ $65
<1%
↓ $60
<1%
↓ $50
<1%
↓ $55
<1%
↓ $45
<1%
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: Feb 28, 2026, 1:52 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) front-month futures settled near $103 per barrel on March 31, 2026, up about 0.9% intraday amid escalating Middle East tensions, including Iran's recent attack on a Kuwaiti tanker near Dubai that heightened fears of Strait of Hormuz disruptions—the largest supply shock risk in decades. This geopolitical catalyst has driven a 45% rally over the past month, reversing earlier slips below $100 earlier in March, as trader consensus prices in potential OPEC+ supply restraint amid robust global demand and constrained inventories. U.S. gasoline prices topping $4/gallon underscore downstream pressures, while upcoming EIA weekly petroleum status report and April OPEC monitoring committee meeting could sway near-term volatility as markets eye resolution thresholds for end-of-March contracts.
Experimental AI-generated summary referencing Polymarket data · Updated

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