WTI crude oil prices reached $101.18 per barrel on May 14, up 0.16% daily and 10.84% over the past month, driven by escalating Middle East tensions including Iran-US frictions and concerns over Strait of Hormuz transit disruptions. This follows a sharp Q1 rally from military actions and positions prices 31% below the 2008 all-time high of $147.27. OPEC+ announced a modest 188,000 barrels-per-day output hike on May 3, signaling supply normalization amid robust US shale production, yet trader sentiment reflects supply risk premiums from potential escalations. EIA forecasts average $96 for Brent in 2026, with upcoming OPEC+ reviews and summer demand peaks as key catalysts that could push toward or away from record highs.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedCrude Oil all time high by...?
Crude Oil all time high by...?
$173,578 Vol.
May 31
4%
June 30
18%
September 30
30%
December 31
44%
$173,578 Vol.
May 31
4%
June 30
18%
September 30
30%
December 31
44%
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.
This market will resolve as soon as a high price greater than the listed value is published, or once finalized data for the final trading day of the specified time period is published and a high price greater than $147.27 has not been achieved.
The resolution source for this market is the CME Group website (https://www.cmegroup.com/markets/energy/crude-oil/light-sweet-crude.quotes.html) — specifically, the daily "High" prices for the Active Month of Crude Oil (CL) futures.
Market Opened: Apr 30, 2026, 2:38 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.
This market will resolve as soon as a high price greater than the listed value is published, or once finalized data for the final trading day of the specified time period is published and a high price greater than $147.27 has not been achieved.
The resolution source for this market is the CME Group website (https://www.cmegroup.com/markets/energy/crude-oil/light-sweet-crude.quotes.html) — specifically, the daily "High" prices for the Active Month of Crude Oil (CL) futures.
Resolver
0x65070BE91...WTI crude oil prices reached $101.18 per barrel on May 14, up 0.16% daily and 10.84% over the past month, driven by escalating Middle East tensions including Iran-US frictions and concerns over Strait of Hormuz transit disruptions. This follows a sharp Q1 rally from military actions and positions prices 31% below the 2008 all-time high of $147.27. OPEC+ announced a modest 188,000 barrels-per-day output hike on May 3, signaling supply normalization amid robust US shale production, yet trader sentiment reflects supply risk premiums from potential escalations. EIA forecasts average $96 for Brent in 2026, with upcoming OPEC+ reviews and summer demand peaks as key catalysts that could push toward or away from record highs.
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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