Will Crude Oil (CL) hit (HIGH) $115 by end of June?

Will Crude Oil (CL) hit (HIGH) $115 by end of June — 15% YES

The recent 8-point increase in the "YES" probability for crude oil hitting $115 by the end of June is primarily driven by escalating geopolitical tensions in the Middle East. Renewed military actions between the United States and Iran, including US strikes on Iranian targets and Iran's reported closure of the Strait of Hormuz, have heightened concerns over global energy supply disruptions. This comes alongside a seventh consecutive weekly draw in US crude inventories, further tightening supply conditions and contributing to upward pressure on oil prices.

AI-generated from automated web search — may be inaccurate or out of date. Verify anything important with the linked sources. Not financial advice.

Key facts

Total volume

$1.2M

traded all-time

Market

Polymarket

data source