Polymarket traders assign a 45% implied probability to WTI crude oil (CL) surpassing $85 by March 31, reflecting caution amid softening demand signals despite geopolitical tailwinds. Current spot prices hover near $81/bbl after a 3% weekly gain, buoyed by Red Sea disruptions inflating shipping costs and Houthi threats tightening supply chains, yet offset by surging US inventories—EIA data showed a 1.2M bbl build last week—and China's lackluster economic rebound curbing consumption. Key watchpoints include Wednesday's EIA storage report and March 20 FOMC dot plot, where persistent high rates could signal recession risks damping global demand; historical precedent shows March-end rallies fizzling 60% of the time above $80 amid inventory gluts.
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?
$48,169,289 Vol.
↑ $200
1%
↑ $180
1%
↑ $150
3%
↑ $140
4%
↑ $130
9%
↑ $120
18%
↑ $110
34%
↑ $105
52%
↑ $100
74%
↓ $90
21%
↓ $85
13%
↓ $80
7%
↓ $75
4%
↓ $70
2%
↓ $40
<1%
↓ $65
1%
↓ $50
<1%
↓ $60
1%
↓ $55
1%
↓ $45
<1%
$48,169,289 Vol.
↑ $200
1%
↑ $180
1%
↑ $150
3%
↑ $140
4%
↑ $130
9%
↑ $120
18%
↑ $110
34%
↑ $105
52%
↑ $100
74%
↓ $90
21%
↓ $85
13%
↓ $80
7%
↓ $75
4%
↓ $70
2%
↓ $40
<1%
↓ $65
1%
↓ $50
<1%
↓ $60
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: Mar 6, 2026, 1:26 PM ET
Resolver
0x65070BE91...Resolver
0x65070BE91...Polymarket traders assign a 45% implied probability to WTI crude oil (CL) surpassing $85 by March 31, reflecting caution amid softening demand signals despite geopolitical tailwinds. Current spot prices hover near $81/bbl after a 3% weekly gain, buoyed by Red Sea disruptions inflating shipping costs and Houthi threats tightening supply chains, yet offset by surging US inventories—EIA data showed a 1.2M bbl build last week—and China's lackluster economic rebound curbing consumption. Key watchpoints include Wednesday's EIA storage report and March 20 FOMC dot plot, where persistent high rates could signal recession risks damping global demand; historical precedent shows March-end rallies fizzling 60% of the time above $80 amid inventory gluts.
Experimental AI-generated summary referencing Polymarket data · Updated


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