**WTI crude oil prices have climbed to approximately $91 per barrel as of early September 2026, driven primarily by renewed U.S.-Iran hostilities and persistent disruptions to shipping through the Strait of Hormuz.** This represents a sharp rebound from June lows near $70, with weekly gains exceeding 9% amid missile exchanges and threats to energy infrastructure. The all-time high remains $145–147 from July 2008, leaving current levels more than 35% below that benchmark despite year-to-date advances of over 50%. Key supporting factors include tight OECD inventories, strong seasonal demand, and OPEC+ output discipline, while elevated U.S. shale production and potential diplomatic progress on Hormuz transit pose downside risks. Traders are monitoring upcoming OPEC+ meetings, U.S. inventory data, and any escalation in Middle East tensions for signals on whether supply shocks could close the gap to record highs.
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...?
$3,284,542 Vol.
September 30
1%
December 31
10%
$3,284,542 Vol.
September 30
1%
December 31
10%
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...**WTI crude oil prices have climbed to approximately $91 per barrel as of early September 2026, driven primarily by renewed U.S.-Iran hostilities and persistent disruptions to shipping through the Strait of Hormuz.** This represents a sharp rebound from June lows near $70, with weekly gains exceeding 9% amid missile exchanges and threats to energy infrastructure. The all-time high remains $145–147 from July 2008, leaving current levels more than 35% below that benchmark despite year-to-date advances of over 50%. Key supporting factors include tight OECD inventories, strong seasonal demand, and OPEC+ output discipline, while elevated U.S. shale production and potential diplomatic progress on Hormuz transit pose downside risks. Traders are monitoring upcoming OPEC+ meetings, U.S. inventory data, and any escalation in Middle East tensions for signals on whether supply shocks could close the gap to record highs.
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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