Crude Oil (CL) Up or Down on March 9?

The market strongly favors a rise in crude oil prices by March 9.

With a market probability of 96.15% for an increase in crude oil prices, sentiment is overwhelmingly bullish. The Pulse AI also supports this view with a probability of 93.15%, indicating strong alignment between market participants and AI predictions. However, the edge of -3 suggests that the market is fairly priced, reflecting a moderate level of confidence at 65 out of 100.

• 1 Current market sentiment is highly bullish on crude oil prices.
• 2 The probability gap indicates strong consensus among traders.
• 3 Market is fairly priced with a slight negative edge.
• 4 Time to expiry is short, adding urgency to market dynamics.
• 5 Confidence level suggests moderate reliability in predictions.

This market will resolve to "Up" if, on Monday, March 9, 2026, the official CME settlement price for the Active Month (front month) of Crude Oil (CL) futures is higher than the previous trading day's official settlement price for the same Active Month contract.

This market will resolve to "Down" if, on Monday, March 9, 2026, the official CME settlement price for the Active Month (front month) of Crude Oil (CL) futures is lower than the previous trading day's official settlement price for the same Active Month contract.

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