Geopolitical tensions in the Middle East, particularly the effective closure of the Strait of Hormuz since late February, remain the dominant driver of crude oil prices as of mid-June 2026. Supply disruptions have triggered sharp inventory draws, with the EIA projecting a 6.3 million b/d global stock decline in Q2 and Brent averaging near $105/bbl through July. WTI futures for June delivery trade around $107–108, reflecting a substantial risk premium. Diplomatic efforts between the U.S. and Iran to reopen the strait could ease pressures by month-end, while prolonged outages would sustain elevated levels; traders monitor any near-term breakthrough ahead of the July 4 EIA inventory data and OPEC+ decisions.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedCrude Oil (CL) above ___ end of June?
$137,584 Vol.
$90
41%
$85
52%
$80
73%
$75
85%
$70
93%
$65
95%
$63
95%
$60
97%
$56
97%
$55
98%
$52
99%
$50
99%
$137,584 Vol.
$90
41%
$85
52%
$80
73%
$75
85%
$70
93%
$65
95%
$63
95%
$60
97%
$56
97%
$55
98%
$52
99%
$50
99%
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 during June 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: Dec 26, 2025, 6:29 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 during June 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...Geopolitical tensions in the Middle East, particularly the effective closure of the Strait of Hormuz since late February, remain the dominant driver of crude oil prices as of mid-June 2026. Supply disruptions have triggered sharp inventory draws, with the EIA projecting a 6.3 million b/d global stock decline in Q2 and Brent averaging near $105/bbl through July. WTI futures for June delivery trade around $107–108, reflecting a substantial risk premium. Diplomatic efforts between the U.S. and Iran to reopen the strait could ease pressures by month-end, while prolonged outages would sustain elevated levels; traders monitor any near-term breakthrough ahead of the July 4 EIA inventory data and OPEC+ decisions.
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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