Trader sentiment on Polymarket for Crude Oil (CL) reaching key levels during the week of March 16 hinges primarily on escalating geopolitical risks in the Middle East, with Houthi attacks disrupting Red Sea shipping and tightening supply chains, pushing WTI futures toward $78/bbl amid a 2% weekly gain. EIA data showed a surprise 3.2 million barrel inventory draw last week, bolstering bullish momentum, while OPEC+ adherence to cuts limits downside. Market-implied odds reflect 55% probability of hitting $80, tempered by softening Chinese demand signals and rising US production at 13.3 million bpd. Watch Thursday's EIA report and potential Fed rate signals for volatility spikes before weekly settlement.
Experimental AI-generated summary referencing Polymarket data · UpdatedWill Crude Oil (CL) hit__ Week of March 16?
Will Crude Oil (CL) hit__ Week of March 16?
$347,236 Vol.
↑ $140
1%
↑ $120
2%
↑ $110
4%
↑ $105
13%
↑ $100
38%
↓ $90
9%
↓ $85
4%
↓ $80
1%
↓ $75
<1%
↓ $70
<1%
$347,236 Vol.
↑ $140
1%
↑ $120
2%
↑ $110
4%
↑ $105
13%
↑ $100
38%
↓ $90
9%
↓ $85
4%
↓ $80
1%
↓ $75
<1%
↓ $70
<1%
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.
Only the Active Month's official settlement price published by CME Group will be considered. Intraday trades, highs, lows, bids, offers, midpoint values, or indicative prices do not count.
Note that the settlement price may differ from the last traded price. CME's methodology to determine the settlement price can vary by commodity and contract.
Only days on which CME publishes an official settlement price for the Active Month will be included. Days without settlement prices (weekends, holidays, or market closures) are ignored.
This market will resolve based on the settlement price as it appears on the CME settlement page at the time it is first published for that trading day, regardless of any later corrections or updates.
The resolution source for this market is the CME Group website — specifically, the daily "Settlement" price for the Active Month of Crude Oil (CL) futures.
Market Opened: Mar 16, 2026, 2:13 PM ET
Resolver
0x65070BE91...Resolver
0x65070BE91...Trader sentiment on Polymarket for Crude Oil (CL) reaching key levels during the week of March 16 hinges primarily on escalating geopolitical risks in the Middle East, with Houthi attacks disrupting Red Sea shipping and tightening supply chains, pushing WTI futures toward $78/bbl amid a 2% weekly gain. EIA data showed a surprise 3.2 million barrel inventory draw last week, bolstering bullish momentum, while OPEC+ adherence to cuts limits downside. Market-implied odds reflect 55% probability of hitting $80, tempered by softening Chinese demand signals and rising US production at 13.3 million bpd. Watch Thursday's EIA report and potential Fed rate signals for volatility spikes before weekly settlement.
Experimental AI-generated summary referencing Polymarket data · Updated


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