WTI crude oil (CL) prices have surged above $105 per barrel as of April 30, 2026, driven primarily by supply disruptions from Iran's effective closure of the Strait of Hormuz amid escalating Middle East tensions, tightening global crude availability and sparking a 7% weekly gain. Recent EIA data for the week ending April 24 showed refinery inputs averaging 16.1 million barrels per day, with inventories continuing a multi-week drawdown pattern that underscores demand resilience despite volatility. OPEC+ discussions on modest output hikes remain stalled by geopolitical paralysis, while robust U.S. production growth provides some offset. Traders eye weekly EIA reports, a potential May OPEC+ meeting, and June's hurricane season onset alongside peak summer driving demand as key catalysts that could push prices higher or trigger pullbacks if tensions ease.
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?
$13,626,943 Vol.
↑ $200
5%
↑ $175
8%
↑ $150
18%
↑ $140
24%
↑ $130
37%
↑ $120
57%
↑ $115
72%
↓ $80
49%
↓ $70
20%
↓ $60
9%
↓ $55
5%
↓ $52
3%
↓ $50
3%
↓ $47
2%
↓ $45
2%
↓ $40
2%
↓ $35
1%
$13,626,943 Vol.
↑ $200
5%
↑ $175
8%
↑ $150
18%
↑ $140
24%
↑ $130
37%
↑ $120
57%
↑ $115
72%
↓ $80
49%
↓ $70
20%
↓ $60
9%
↓ $55
5%
↓ $52
3%
↓ $50
3%
↓ $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 19, 2026, 1:59 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 (CL) prices have surged above $105 per barrel as of April 30, 2026, driven primarily by supply disruptions from Iran's effective closure of the Strait of Hormuz amid escalating Middle East tensions, tightening global crude availability and sparking a 7% weekly gain. Recent EIA data for the week ending April 24 showed refinery inputs averaging 16.1 million barrels per day, with inventories continuing a multi-week drawdown pattern that underscores demand resilience despite volatility. OPEC+ discussions on modest output hikes remain stalled by geopolitical paralysis, while robust U.S. production growth provides some offset. Traders eye weekly EIA reports, a potential May OPEC+ meeting, and June's hurricane season onset alongside peak summer driving demand as key catalysts that could push prices higher or trigger pullbacks if tensions ease.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated



Beware of external links.
Beware of external links.
Frequently Asked Questions