Will Crude Oil (CL) hit (HIGH) $130 by end of June?

Crude Oil has a 53% chance of hitting $130 by June's end.

The market shows a close split in probabilities regarding Crude Oil reaching $130 by the end of June, with a slight edge towards a YES outcome. The Pulse AI probability aligns closely with the market, indicating a balanced sentiment among traders. With a confidence level of 60 out of 100, the market appears fairly priced.

• 1 Current market sentiment leans slightly towards a price increase.
• 2 Key factors include geopolitical tensions and economic forecasts.
• 3 Historical data shows fluctuating oil prices around this range.
• 4 Market liquidity appears stable, supporting current pricing.
• 5 Time pressure is moderate with 2471 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 between market creation and the final trading day of June 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)