WTI crude oil futures have surged to $102.20 per barrel, reflecting trader consensus on heightened Middle East geopolitical risks—including Iran's ceasefire strains and Gulf infrastructure repairs extending into 2027—that rallied prices 7.6% over the past three sessions despite OPEC+'s announcement of a 188,000 barrels per day production quota hike for June following the UAE's cartel exit. EIA's latest Weekly Petroleum Status Report indicated falling crude inputs, supporting short-term tightness, yet forecasts point to a 2026 global oil glut from non-OPEC supply growth, pressuring longer-dated contracts near $92. Traders monitor the June 7 OPEC+ ministerial meeting, weekly EIA inventories, and IEA's June 17 Oil Market Report for resolution signals amid volatile risk appetite.
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?
$16,424,705 Vol.
↑ $200
4%
↑ $175
8%
↑ $150
14%
↑ $140
20%
↑ $130
31%
↑ $120
41%
↑ $115
54%
↑ $110
55%
↑ $105
86%
↓ $90
53%
↓ $85
74%
↓ $80
44%
↓ $70
19%
↓ $60
7%
↓ $55
4%
↓ $52
3%
↓ $50
2%
↓ $47
1%
↓ $45
1%
↓ $40
1%
↓ $35
1%
$16,424,705 Vol.
↑ $200
4%
↑ $175
8%
↑ $150
14%
↑ $140
20%
↑ $130
31%
↑ $120
41%
↑ $115
54%
↑ $110
55%
↑ $105
86%
↓ $90
53%
↓ $85
74%
↓ $80
44%
↓ $70
19%
↓ $60
7%
↓ $55
4%
↓ $52
3%
↓ $50
2%
↓ $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 oil futures have surged to $102.20 per barrel, reflecting trader consensus on heightened Middle East geopolitical risks—including Iran's ceasefire strains and Gulf infrastructure repairs extending into 2027—that rallied prices 7.6% over the past three sessions despite OPEC+'s announcement of a 188,000 barrels per day production quota hike for June following the UAE's cartel exit. EIA's latest Weekly Petroleum Status Report indicated falling crude inputs, supporting short-term tightness, yet forecasts point to a 2026 global oil glut from non-OPEC supply growth, pressuring longer-dated contracts near $92. Traders monitor the June 7 OPEC+ ministerial meeting, weekly EIA inventories, and IEA's June 17 Oil Market Report for resolution signals amid volatile risk appetite.
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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