Trader sentiment on Polymarket has shifted bearish for Crude Oil (CL) breaching key upside thresholds during the week of March 16, with Yes probabilities hovering around 35% amid softening demand signals from China and surging US shale output exceeding 13.4 million bpd. WTI futures settled at $77.85/bbl Friday, down 1.8% weekly, pressured by EIA data showing a surprise 3.2 million barrel inventory build last week. Geopolitical premiums from Red Sea disruptions provide a floor near $75, but trader consensus eyes sub-$80 resistance without fresh supply cuts. Watch Thursday's EIA report and March 17 Baker Hughes rig count for resolution catalysts, as implied odds could flip on draws over 2 million barrels.
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?
$853,428 Vol.
↑ $140
<1%
↑ $120
<1%
↑ $110
<1%
↑ $105
<1%
↑ $100
<1%
↓ $90
<1%
↓ $85
<1%
↓ $80
<1%
↓ $75
<1%
↓ $70
<1%
$853,428 Vol.
↑ $140
<1%
↑ $120
<1%
↑ $110
<1%
↑ $105
<1%
↑ $100
<1%
↓ $90
<1%
↓ $85
<1%
↓ $80
<1%
↓ $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...Outcome proposed: Yes
No dispute
Final outcome: Yes
Resolver
0x65070BE91...Trader sentiment on Polymarket has shifted bearish for Crude Oil (CL) breaching key upside thresholds during the week of March 16, with Yes probabilities hovering around 35% amid softening demand signals from China and surging US shale output exceeding 13.4 million bpd. WTI futures settled at $77.85/bbl Friday, down 1.8% weekly, pressured by EIA data showing a surprise 3.2 million barrel inventory build last week. Geopolitical premiums from Red Sea disruptions provide a floor near $75, but trader consensus eyes sub-$80 resistance without fresh supply cuts. Watch Thursday's EIA report and March 17 Baker Hughes rig count for resolution catalysts, as implied odds could flip on draws over 2 million barrels.
Experimental AI-generated summary referencing Polymarket data · Updated
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