Will Crude Oil (CL) settle at $65-$70 in March?

The market strongly favors crude oil settling outside the $65-$70 range in March.

Current market probabilities indicate a low likelihood of crude oil settling between $65 and $70 in March, with a consensus of 96.2% against this outcome. The Pulse AI also reflects a similar sentiment, albeit with a slightly higher probability for a YES outcome, suggesting that while there is some uncertainty, the market remains firmly against this price range.

• 1 Market probability shows a strong NO sentiment at 96.2%.
• 2 Pulse AI indicates a slightly higher YES probability at 7.3%.
• 3 The edge of 3.5 suggests the market is fairly priced.
• 4 Confidence level is moderate at 60/100, indicating some uncertainty.
• 5 Time to expiry is relatively short at 505 hours, adding urgency to market dynamics.

This market will resolve according to the official CME settlement price for the Active Month of Crude Oil futures on the final trading day of March 2026.

If the reported value falls exactly between two brackets, then this market will resolve to the higher range bracket.

If the final trading day of the month is shortened (for example, due to a market-holiday schedule), the official settlement price published for that shortened session will still be used for resolution. If no settlement price is published for that session, the market will use the most recent published settlement for the Active Month during March.

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