Trader consensus on Polymarket assigns a 91.5% implied probability to "No" for crude oil reaching its all-time high by April 30, driven by WTI spot prices retreating to the mid-$90s after peaking near $114 earlier this month amid Strait of Hormuz disruptions from the Iran conflict. Recent de-escalation hopes, including ceasefire prospects, prompted an 11% weekly drop, reinforced by Goldman Sachs' lowered Q2 Brent forecasts and expectations of OPEC+ unwinding supply cuts amid non-OPEC production growth. Ample global inventories and softening demand signals further anchor pricing well below the 2008 nominal peak of $147 per barrel. A realistic challenge would require sustained Hormuz closure or broader Middle East escalation sparking a supply shock before month-end.
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?
$158,932 Vol.
$158,932 Vol.
$158,932 Vol.
$158,932 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 assigns a 91.5% implied probability to "No" for crude oil reaching its all-time high by April 30, driven by WTI spot prices retreating to the mid-$90s after peaking near $114 earlier this month amid Strait of Hormuz disruptions from the Iran conflict. Recent de-escalation hopes, including ceasefire prospects, prompted an 11% weekly drop, reinforced by Goldman Sachs' lowered Q2 Brent forecasts and expectations of OPEC+ unwinding supply cuts amid non-OPEC production growth. Ample global inventories and softening demand signals further anchor pricing well below the 2008 nominal peak of $147 per barrel. A realistic challenge would require sustained Hormuz closure or broader Middle East escalation sparking a supply shock before month-end.
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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