Geopolitical tensions in the Middle East, centered on disruptions through the Strait of Hormuz amid the US-Iran conflict, remain the dominant driver lifting crude oil prices. Brent and WTI benchmarks have climbed above $107 per barrel in mid-May 2026 after regional production shut-ins exceeded 10 million barrels per day and shipping traffic halted. The EIA projects Brent averaging $106 per barrel through June, reflecting sizable inventory draws that could intensify if the strait stays effectively closed. Traders are closely watching potential reopening negotiations and any resumption of Middle East output, which the agency expects to ease supplies gradually later in the quarter and pressure prices lower by year-end.
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?
$17,107,350 Vol.
↑ $200
2%
↑ $175
5%
↑ $150
12%
↑ $140
19%
↑ $130
31%
↑ $120
47%
↑ $115
56%
↑ $110
66%
↑ $105
85%
↓ $90
62%
↓ $85
42%
↓ $80
35%
↓ $70
10%
↓ $60
5%
↓ $55
3%
↓ $52
2%
↓ $50
2%
↓ $47
2%
↓ $45
1%
↓ $40
1%
↓ $35
1%
$17,107,350 Vol.
↑ $200
2%
↑ $175
5%
↑ $150
12%
↑ $140
19%
↑ $130
31%
↑ $120
47%
↑ $115
56%
↑ $110
66%
↑ $105
85%
↓ $90
62%
↓ $85
42%
↓ $80
35%
↓ $70
10%
↓ $60
5%
↓ $55
3%
↓ $52
2%
↓ $50
2%
↓ $47
2%
↓ $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: May 13, 2026, 11:50 AM 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...Geopolitical tensions in the Middle East, centered on disruptions through the Strait of Hormuz amid the US-Iran conflict, remain the dominant driver lifting crude oil prices. Brent and WTI benchmarks have climbed above $107 per barrel in mid-May 2026 after regional production shut-ins exceeded 10 million barrels per day and shipping traffic halted. The EIA projects Brent averaging $106 per barrel through June, reflecting sizable inventory draws that could intensify if the strait stays effectively closed. Traders are closely watching potential reopening negotiations and any resumption of Middle East output, which the agency expects to ease supplies gradually later in the quarter and pressure prices lower by year-end.
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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