Current WTI crude prices near $81 per barrel remain far below the $147 all-time high from July 2008, with recent trading reflecting eased supply concerns after diplomatic progress toward reopening the Strait of Hormuz. Geopolitical tensions from the US-Iran conflict drove earlier 2026 spikes above $100, tightening global balances and supporting a roughly 25% year-over-year gain, yet a stronger US dollar, weak Chinese demand, and revised lower forecasts from banks have capped upside. Market-implied odds for hitting record levels by year-end hinge on sustained Middle East disruptions versus resilient non-OPEC supply and subdued global consumption; key near-term catalysts include further Hormuz negotiations, upcoming EIA inventory data, and any shifts in Fed monetary policy expectations.
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...?
$2,814,373 Vol.
September 30
2%
December 31
13%
$2,814,373 Vol.
September 30
2%
December 31
13%
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 prices near $81 per barrel remain far below the $147 all-time high from July 2008, with recent trading reflecting eased supply concerns after diplomatic progress toward reopening the Strait of Hormuz. Geopolitical tensions from the US-Iran conflict drove earlier 2026 spikes above $100, tightening global balances and supporting a roughly 25% year-over-year gain, yet a stronger US dollar, weak Chinese demand, and revised lower forecasts from banks have capped upside. Market-implied odds for hitting record levels by year-end hinge on sustained Middle East disruptions versus resilient non-OPEC supply and subdued global consumption; key near-term catalysts include further Hormuz negotiations, upcoming EIA inventory data, and any shifts in Fed monetary policy expectations.
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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