Current WTI crude futures trade near $85–87 per barrel as of late August 2026, well below the $147–158 nominal all-time highs recorded in 2008, with Brent similarly positioned around $94. Persistent supply disruptions through the Strait of Hormuz tied to the ongoing U.S.-Iran conflict have supported elevated prices earlier this year, yet recent inventory draws and partial flow normalization have tempered gains. EIA forecasts place Brent at an average of $85 per barrel for Q3 2026 before easing toward $78 by year-end, reflecting rebalancing amid robust U.S. exports and softer demand signals. Traders monitoring upcoming OPEC+ decisions, geopolitical de-escalation signals, and weekly inventory data note that sustained prices above $100 would require sharper supply shocks to approach record territory by December resolution.
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...?
$2,725,237 Vol.
September 30
2%
December 31
13%
$2,725,237 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 futures trade near $85–87 per barrel as of late August 2026, well below the $147–158 nominal all-time highs recorded in 2008, with Brent similarly positioned around $94. Persistent supply disruptions through the Strait of Hormuz tied to the ongoing U.S.-Iran conflict have supported elevated prices earlier this year, yet recent inventory draws and partial flow normalization have tempered gains. EIA forecasts place Brent at an average of $85 per barrel for Q3 2026 before easing toward $78 by year-end, reflecting rebalancing amid robust U.S. exports and softer demand signals. Traders monitoring upcoming OPEC+ decisions, geopolitical de-escalation signals, and weekly inventory data note that sustained prices above $100 would require sharper supply shocks to approach record territory by December resolution.
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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