Current WTI crude oil prices hover near $82–84 per barrel amid a post-conflict supply recovery following the June 2026 reopening of the Strait of Hormuz, which has eased earlier disruptions that briefly pushed prices above $100. Global inventories are rebuilding as Persian Gulf output rebounds toward pre-conflict levels and non-OPEC supply, including record U.S. production, contributes to an expected market surplus through 2026. EIA and J.P. Morgan forecasts point to Brent averaging around $85 in Q3 before easing toward $78 by year-end and lower in 2027, reflecting softer demand growth and elevated output. These dynamics keep the $147.27 all-time high from 2008 well out of reach in the near term, with trader focus on weekly inventory data, OPEC+ compliance, and any renewed geopolitical risks as key variables that could influence forward curves and implied probabilities.
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...?
$2,511,224 Vol.
September 30
3%
December 31
12%
$2,511,224 Vol.
September 30
3%
December 31
12%
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...Current WTI crude oil prices hover near $82–84 per barrel amid a post-conflict supply recovery following the June 2026 reopening of the Strait of Hormuz, which has eased earlier disruptions that briefly pushed prices above $100. Global inventories are rebuilding as Persian Gulf output rebounds toward pre-conflict levels and non-OPEC supply, including record U.S. production, contributes to an expected market surplus through 2026. EIA and J.P. Morgan forecasts point to Brent averaging around $85 in Q3 before easing toward $78 by year-end and lower in 2027, reflecting softer demand growth and elevated output. These dynamics keep the $147.27 all-time high from 2008 well out of reach in the near term, with trader focus on weekly inventory data, OPEC+ compliance, and any renewed geopolitical risks as key variables that could influence forward curves and implied probabilities.
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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