WTI crude oil hovers near $96.50 per barrel after peaking above $117 early this week, reflecting trader consensus on elevated supply risk premiums from fragile U.S.-Iran ceasefire prospects amid subdued Strait of Hormuz tanker traffic following Middle East escalations. The latest EIA data for the week ended April 3 revealed a 3.1 million barrel crude inventory build to 464.7 million barrels, surpassing expectations and underscoring ample U.S. stocks despite geopolitical strains. OPEC+ enacted a modest 206,000 bpd production adjustment post their April 5 meeting, prioritizing stability. Upcoming EIA weekly report on April 16 and monitoring of Hormuz flows will shape end-month dynamics, with volatility tied to de-escalation progress versus supply shocks.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated$21,948,442 Vol.
↑ $200
1%
↑ $170
2%
↑ $160
3%
↑ $150
4%
↑ $140
9%
↑ $130
15%
↑ $125
16%
↑ $120
23%
↑ $115
31%
↑ $110
44%
↑ $105
56%
↓ $95
91%
↓ $90
76%
↓ $85
60%
↓ $80
36%
↓ $75
19%
↓ $70
9%
↓ $60
2%
↓ $50
1%
↓ $40
1%
↓ $30
<1%
↓ $20
<1%
$21,948,442 Vol.
↑ $200
1%
↑ $170
2%
↑ $160
3%
↑ $150
4%
↑ $140
9%
↑ $130
15%
↑ $125
16%
↑ $120
23%
↑ $115
31%
↑ $110
44%
↑ $105
56%
↓ $95
91%
↓ $90
76%
↓ $85
60%
↓ $80
36%
↓ $75
19%
↓ $70
9%
↓ $60
2%
↓ $50
1%
↓ $40
1%
↓ $30
<1%
↓ $20
<1%
For WTI futures, the active month refers to the nearest listed contract month. The active month changes at 6:00:00 PM ET at the start of the trading session two business days prior to that contract's last trading day, at which point the next listed contract becomes the active month.
For WTI Crude Oil (CL) futures, the last trading day is defined as three business days prior to the 25th calendar day of the month preceding the contract's delivery month (or four business days prior if the 25th calendar day is not a business day), consistent with CME contract specifications.
Only prices achieved during the applicable trading session for the underlying market will be considered. Under the standard schedule, trading is open from 6:00:00 PM ET Sunday through 5:00:00 PM ET Friday, with a daily break from 5:00:00 PM ET to 6:00:00 PM ET, except where modified by holiday or special-session hours as listed on Pyth.
Prices will be used exactly as published by Pyth, without rounding.
If the Active Month contract does not trade at all during the listed time frame, this market will resolve to "No".
In the event of a contract specification change, feed change, or similar structural modification affecting the underlying market during the listed time frame, this market will resolve based on adjusted prices as displayed on Pyth.
The resolution source for this market is Pyth — specifically, the Active Month WTI Crude Oil futures "Low" prices available at https://pythdata.app/explore?search=WTI, with the chart settings configured for 1-minute candles.
Historical 1-minute candles may be accessed by appending a Unix timestamp (seconds) to the Pyth chart URL using the "t=" parameter.
If the relevant Pyth data is unavailable due to a system outage, data failure, or other technical disruption that prevents verification of the required 1-minute candle data, the official daily low price published for the Active Month WTI Crude Oil (CL) futures contract by CME Group may be used to determine whether the listed price was reached during the applicable trading session.
Market Opened: Apr 6, 2026, 3:11 PM ET
Resolution Source
https://pythdata.app/exploreResolver
0x65070BE91...For WTI futures, the active month refers to the nearest listed contract month. The active month changes at 6:00:00 PM ET at the start of the trading session two business days prior to that contract's last trading day, at which point the next listed contract becomes the active month.
For WTI Crude Oil (CL) futures, the last trading day is defined as three business days prior to the 25th calendar day of the month preceding the contract's delivery month (or four business days prior if the 25th calendar day is not a business day), consistent with CME contract specifications.
Only prices achieved during the applicable trading session for the underlying market will be considered. Under the standard schedule, trading is open from 6:00:00 PM ET Sunday through 5:00:00 PM ET Friday, with a daily break from 5:00:00 PM ET to 6:00:00 PM ET, except where modified by holiday or special-session hours as listed on Pyth.
Prices will be used exactly as published by Pyth, without rounding.
If the Active Month contract does not trade at all during the listed time frame, this market will resolve to "No".
In the event of a contract specification change, feed change, or similar structural modification affecting the underlying market during the listed time frame, this market will resolve based on adjusted prices as displayed on Pyth.
The resolution source for this market is Pyth — specifically, the Active Month WTI Crude Oil futures "Low" prices available at https://pythdata.app/explore?search=WTI, with the chart settings configured for 1-minute candles.
Historical 1-minute candles may be accessed by appending a Unix timestamp (seconds) to the Pyth chart URL using the "t=" parameter.
If the relevant Pyth data is unavailable due to a system outage, data failure, or other technical disruption that prevents verification of the required 1-minute candle data, the official daily low price published for the Active Month WTI Crude Oil (CL) futures contract by CME Group may be used to determine whether the listed price was reached during the applicable trading session.
Resolution Source
https://pythdata.app/exploreResolver
0x65070BE91...WTI crude oil hovers near $96.50 per barrel after peaking above $117 early this week, reflecting trader consensus on elevated supply risk premiums from fragile U.S.-Iran ceasefire prospects amid subdued Strait of Hormuz tanker traffic following Middle East escalations. The latest EIA data for the week ended April 3 revealed a 3.1 million barrel crude inventory build to 464.7 million barrels, surpassing expectations and underscoring ample U.S. stocks despite geopolitical strains. OPEC+ enacted a modest 206,000 bpd production adjustment post their April 5 meeting, prioritizing stability. Upcoming EIA weekly report on April 16 and monitoring of Hormuz flows will shape end-month dynamics, with volatility tied to de-escalation progress versus supply shocks.
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