Trader consensus on Polymarket prices an 88.5% implied probability against West Texas Intermediate (WTI) crude oil reaching its all-time high above $147 per barrel by April 30, driven by current spot prices near $103/bbl—requiring a 45% surge in under 30 days amid bearish fundamentals. A record March rally, fueled by Strait of Hormuz tensions threatening 20% of global supply, lifted WTI from the $70s, but momentum stalled as OPEC+ announced a 206,000 bpd output hike for April, U.S. inventories built unexpectedly, and production hit 13.6 million bpd per EIA forecasts. Ample non-OPEC supply and softening demand growth cap upside, with traders eyeing weekly EIA reports and potential de-escalation as key catalysts before resolution.
Experimental AI-generated summary referencing Polymarket data · UpdatedCrude Oil all time high by April 30?
Crude Oil all time high by April 30?
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 prices an 88.5% implied probability against West Texas Intermediate (WTI) crude oil reaching its all-time high above $147 per barrel by April 30, driven by current spot prices near $103/bbl—requiring a 45% surge in under 30 days amid bearish fundamentals. A record March rally, fueled by Strait of Hormuz tensions threatening 20% of global supply, lifted WTI from the $70s, but momentum stalled as OPEC+ announced a 206,000 bpd output hike for April, U.S. inventories built unexpectedly, and production hit 13.6 million bpd per EIA forecasts. Ample non-OPEC supply and softening demand growth cap upside, with traders eyeing weekly EIA reports and potential de-escalation as key catalysts before resolution.
Experimental AI-generated summary referencing Polymarket data · Updated



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