Will Crude Oil (CL) hit (HIGH) $150 by end of June?

Market indicates low probability for crude oil hitting $150 by June.

The prediction market shows a 21% chance of crude oil reaching $150 by the end of June, with a stronger consensus against this outcome at 79%. The Pulse AI slightly raises the probability to 24.5%, suggesting a marginally higher expectation but still leaning towards a 'NO' verdict.

• 1 Current market sentiment is predominantly bearish on crude oil prices.
• 2 Key factors include global economic conditions and supply chain stability.
• 3 Historical data suggests oil prices have struggled to maintain highs over $150.
• 4 Market liquidity appears stable, reflecting cautious investor sentiment.
• 5 Time pressure is significant with less than 113 days 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 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) are ignored.

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