WTI crude futures currently trade near $84.88 per barrel amid sharp recent declines driven by easing geopolitical tensions. Hopes for a U.S.-Iran ceasefire and potential reopening of the Strait of Hormuz have reduced market-implied odds of sustained supply disruptions exceeding 11 million barrels per day, despite ongoing production shut-ins and steep OECD inventory draws projected at 6.3 million barrels daily in Q2. EIA forecasts keep Brent near $105 through July under closed-strait assumptions, but any diplomatic breakthrough could accelerate price softening before month-end. Traders are monitoring weekly EIA inventory data, demand signals from major economies, and headline risk around negotiations as key near-term catalysts that will determine whether prices test higher thresholds or extend the pullback.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedWill Crude Oil (CL) hit__ by end of June?
$27,224,316 Vol.
↑ $200
1%
↑ $175
1%
↑ $150
1%
↑ $140
1%
↑ $130
2%
↑ $120
3%
↑ $115
3%
↑ $110
6%
↑ $105
12%
↑ $100
14%
↑ $95
32%
↓ $80
72%
↓ $75
31%
↓ $70
15%
↓ $60
2%
↓ $55
1%
↓ $52
1%
↓ $50
1%
↓ $47
<1%
↓ $45
1%
↓ $40
<1%
↓ $35
<1%
$27,224,316 Vol.
↑ $200
1%
↑ $175
1%
↑ $150
1%
↑ $140
1%
↑ $130
2%
↑ $120
3%
↑ $115
3%
↑ $110
6%
↑ $105
12%
↑ $100
14%
↑ $95
32%
↓ $80
72%
↓ $75
31%
↓ $70
15%
↓ $60
2%
↓ $55
1%
↓ $52
1%
↓ $50
1%
↓ $47
<1%
↓ $45
1%
↓ $40
<1%
↓ $35
<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 3, 2026, 3:47 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 futures currently trade near $84.88 per barrel amid sharp recent declines driven by easing geopolitical tensions. Hopes for a U.S.-Iran ceasefire and potential reopening of the Strait of Hormuz have reduced market-implied odds of sustained supply disruptions exceeding 11 million barrels per day, despite ongoing production shut-ins and steep OECD inventory draws projected at 6.3 million barrels daily in Q2. EIA forecasts keep Brent near $105 through July under closed-strait assumptions, but any diplomatic breakthrough could accelerate price softening before month-end. Traders are monitoring weekly EIA inventory data, demand signals from major economies, and headline risk around negotiations as key near-term catalysts that will determine whether prices test higher thresholds or extend the pullback.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated

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