Ongoing geopolitical tensions in the Middle East, particularly the US-Iran conflict and associated disruptions to tanker traffic through the Strait of Hormuz, have driven sharp increases in crude oil prices since late February 2026. Production cuts by major Gulf suppliers including Iraq, Saudi Arabia, and the UAE, combined with infrastructure risks and reduced refinery throughput, have tightened global supply and pushed Brent benchmarks above $118 per barrel in the first quarter. Prices later touched $126 in late April before easing to around $109-$111 amid volatile trading and tentative peace efforts. Inventory draws expected through June, along with any renewed escalations or delays in restoring full transit, remain key factors that could influence whether prices test or exceed prior peaks in the coming months.
Eksperimental na AI-generated summary na nire-reference ang Polymarket data. Hindi ito trading advice at wala itong papel sa kung paano nire-resolve ang market na ito. · Na-updateCrude Oil all time high by...?
$243,012 Vol.
May 31
3%
June 30
14%
September 30
34%
December 31
45%
$243,012 Vol.
May 31
3%
June 30
14%
September 30
34%
December 31
45%
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.
Binuksan ang Market: 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...Ongoing geopolitical tensions in the Middle East, particularly the US-Iran conflict and associated disruptions to tanker traffic through the Strait of Hormuz, have driven sharp increases in crude oil prices since late February 2026. Production cuts by major Gulf suppliers including Iraq, Saudi Arabia, and the UAE, combined with infrastructure risks and reduced refinery throughput, have tightened global supply and pushed Brent benchmarks above $118 per barrel in the first quarter. Prices later touched $126 in late April before easing to around $109-$111 amid volatile trading and tentative peace efforts. Inventory draws expected through June, along with any renewed escalations or delays in restoring full transit, remain key factors that could influence whether prices test or exceed prior peaks in the coming months.
Eksperimental na AI-generated summary na nire-reference ang Polymarket data. Hindi ito trading advice at wala itong papel sa kung paano nire-resolve ang market na ito. · Na-update
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