WTI crude oil futures traded around $106 per barrel on April 30, 2026, reflecting a sharp 7% rally on April 29 amid escalating geopolitical tensions and supply disruption fears in key producing regions. This upward momentum, pushing prices from mid-$90s levels earlier in the week, stems from tighter-than-expected global inventories and resilient demand growth, as per EIA's latest weekly report showing unexpected draws. The EIA Short-Term Energy Outlook forecasts Brent peaking near $115/bbl in Q2 2026 before moderating on OPEC+ production hikes outpacing consumption. Traders eye weekly EIA crude inventories on May 7 and potential OPEC+ policy signals, which could either reinforce the bullish backwardated futures curve or trigger reversals ahead of June-end settlement.
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?
Will Crude Oil (CL) hit__ by end of June?
$13,629,743 Vol.
↑ $200
5%
↑ $175
8%
↑ $150
18%
↑ $140
24%
↑ $130
39%
↑ $120
57%
↑ $115
72%
↓ $80
49%
↓ $70
20%
↓ $60
9%
↓ $55
5%
↓ $52
3%
↓ $50
2%
↓ $47
2%
↓ $45
2%
↓ $40
2%
↓ $35
1%
$13,629,743 Vol.
↑ $200
5%
↑ $175
8%
↑ $150
18%
↑ $140
24%
↑ $130
39%
↑ $120
57%
↑ $115
72%
↓ $80
49%
↓ $70
20%
↓ $60
9%
↓ $55
5%
↓ $52
3%
↓ $50
2%
↓ $47
2%
↓ $45
2%
↓ $40
2%
↓ $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 oil futures traded around $106 per barrel on April 30, 2026, reflecting a sharp 7% rally on April 29 amid escalating geopolitical tensions and supply disruption fears in key producing regions. This upward momentum, pushing prices from mid-$90s levels earlier in the week, stems from tighter-than-expected global inventories and resilient demand growth, as per EIA's latest weekly report showing unexpected draws. The EIA Short-Term Energy Outlook forecasts Brent peaking near $115/bbl in Q2 2026 before moderating on OPEC+ production hikes outpacing consumption. Traders eye weekly EIA crude inventories on May 7 and potential OPEC+ policy signals, which could either reinforce the bullish backwardated futures curve or trigger reversals ahead of June-end settlement.
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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