Trader sentiment on Polymarket tilts bearish for Crude Oil (CL) reaching key upside thresholds during the week of March 16, with implied probabilities around 40% for hitting $80, reflecting ample global supply and softening demand signals. WTI futures trade near $77/bbl amid building US inventories—EIA data showed a 1.2MM barrel draw last week but stockpiles remain 5% above five-year averages—and persistent weakness in Chinese industrial activity. Geopolitical risks from Red Sea tensions have eased, capping premiums, while record US shale output at 13.3MM bpd pressures prices downward. Watch Wednesday's EIA report (March 19) and FOMC meeting (March 18-19) for rate cut signals that could boost risk assets; a surprise inventory build or hawkish Fed stance could seal sub-$80 resolution.
Experimental AI-generated summary referencing Polymarket data · UpdatedWill Crude Oil (CL) hit__ Week of March 16?
Will Crude Oil (CL) hit__ Week of March 16?
$180,656 Vol.
↑ $140
2%
↑ $120
2%
↑ $110
13%
↑ $105
15%
↑ $100
33%
↓ $90
20%
↓ $85
13%
↓ $80
5%
↓ $75
1%
↓ $70
1%
$180,656 Vol.
↑ $140
2%
↑ $120
2%
↑ $110
13%
↑ $105
15%
↑ $100
33%
↓ $90
20%
↓ $85
13%
↓ $80
5%
↓ $75
1%
↓ $70
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: Mar 16, 2026, 2:13 PM ET
Resolver
0x65070BE91...Resolver
0x65070BE91...Trader sentiment on Polymarket tilts bearish for Crude Oil (CL) reaching key upside thresholds during the week of March 16, with implied probabilities around 40% for hitting $80, reflecting ample global supply and softening demand signals. WTI futures trade near $77/bbl amid building US inventories—EIA data showed a 1.2MM barrel draw last week but stockpiles remain 5% above five-year averages—and persistent weakness in Chinese industrial activity. Geopolitical risks from Red Sea tensions have eased, capping premiums, while record US shale output at 13.3MM bpd pressures prices downward. Watch Wednesday's EIA report (March 19) and FOMC meeting (March 18-19) for rate cut signals that could boost risk assets; a surprise inventory build or hawkish Fed stance could seal sub-$80 resolution.
Experimental AI-generated summary referencing Polymarket data · Updated
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