economy

Will Crude Oil (CL) hit (LOW) $40 by end of June?

PlatformPolymarket Expires2026-06-30 Volume$95,147 Open Interest$22,265
YES
Implied probability: 1.5%
NO
98¢
Implied probability: 98.5%
30-DAY PROBABILITY HISTORY Low 1¢ · High 1¢ · Δ +0.0pp
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YES Price
NO Price
98¢
Total Volume
$95,147
Open Interest
$22,265
Expiration
2026-06-30
Days Left
59
About this market

What resolves this contract

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 below 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

How to read the price

Prediction market prices are expressed in cents on the dollar. A YES contract trading at means the market is pricing in a 1.5% implied probability of the event resolving YES. If resolution comes back YES, the contract pays $1. If NO, it pays $0.

Volume vs. open interest

Total traded volume ($95,147) reflects every buy and sell across the life of this contract. Open interest ($22,265) is the dollar value of positions currently held by traders. Deep liquidity and wide open interest are the two signals that the quoted price is reliable.

Where to trade this market

This contract is listed on Polymarket. PicksByOdds does not accept deposits, execute trades, or offer brokerage. We publish the data; you decide what to do with it.

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FAQ

Common questions about this market

How is this market resolved?

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 below 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

When does this contract expire?

This contract closes on 2026-06-30, 59 days from now. After close, the final outcome is determined per the resolution rules above, and contracts settle at $1 (winning side) or $0 (losing side).

What happens if I buy YES at 1¢?

If the event resolves YES, each YES contract pays $1 , a profit of 98¢ per dollar risked. If it resolves NO, the contract pays $0 and the full 1¢ is lost. Current market price implies a 1.5% probability of YES.

Where is this market listed?

This contract is listed on Polymarket. PicksByOdds aggregates and displays public market data; we do not broker trades or custody funds.

How reliable is the quoted price?

This market has $95,147 in total traded volume and $22,265 in open interest. Deeper liquidity generally means tighter spreads and more reliable implied probabilities. Prices refresh multiple times per day.

Disclaimer: Prediction market data on this page is sourced from public order books. Prices change continuously; figures shown here reflect the last refresh at 2026-05-02. Nothing on this page constitutes investment or betting advice.
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