Trader consensus on Polymarket reflects a 93% implied probability that WTI crude oil will not reach its all-time high of $147.27 per barrel by April 30, driven primarily by a sharp price plunge following a Middle East cease-fire deal announced last week, which erased the geopolitical risk premium amid prior Iran-related supply disruptions. WTI has retreated to around $96–$100 per barrel from recent peaks near $114, bolstered by OPEC+ output increases scheduled for April adding over 200,000 barrels per day to global supply. Elevated U.S. inventories and softening demand signals further anchor sentiment. Realistic challenges include renewed hostilities or Strait of Hormuz disruptions, though with just over two weeks remaining, such catalysts would require immediate escalation to shift odds meaningfully.
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 April 30?
Crude Oil all time high by April 30?
$205,809 Vol.
$205,809 Vol.
$205,809 Vol.
$205,809 Vol.
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 April 2026 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: Mar 31, 2026, 3:50 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 April 2026 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...Trader consensus on Polymarket reflects a 93% implied probability that WTI crude oil will not reach its all-time high of $147.27 per barrel by April 30, driven primarily by a sharp price plunge following a Middle East cease-fire deal announced last week, which erased the geopolitical risk premium amid prior Iran-related supply disruptions. WTI has retreated to around $96–$100 per barrel from recent peaks near $114, bolstered by OPEC+ output increases scheduled for April adding over 200,000 barrels per day to global supply. Elevated U.S. inventories and softening demand signals further anchor sentiment. Realistic challenges include renewed hostilities or Strait of Hormuz disruptions, though with just over two weeks remaining, such catalysts would require immediate escalation to shift odds meaningfully.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated
Beware of external links.
Beware of external links.
Frequently Asked Questions