Will Crude Oil (CL) hit (HIGH) $120 by end of March?

Low probability for Crude Oil to reach $120 by March end.

The market indicates a 4.75% chance of Crude Oil hitting $120 by the end of March, with a strong consensus against it. The Pulse AI also reflects a similar outlook, suggesting that the market is fairly priced with high confidence.

• 1 Market sentiment heavily favors a NO outcome.
• 2 Current price trends show stability below $120.
• 3 Historical data suggests low likelihood of rapid price spikes.
• 4 Liquidity in the market appears adequate for current bets.
• 5 Time pressure is minimal with only 21 hours until expiry.

This market will resolve to "Yes" if, on any trading day, the official CME settlement price for the Active Month (front month) of Crude Oil (CL) futures is equal to or above the listed price by the final trading day of March 2026. Otherwise, the market will resolve to "No".

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.

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