← The Implied
Economy10h ago

Will WTI Crude Oil (WTI) hit (HIGH) $140 in April?

+5 pts
30%→
35%
$51K liquidity·Polymarket·Trade →

Why It Moved

The increased probability appears likely driven by record-high spot premiums for U.S. West Texas Intermediate crude. This surge is attributed to intense competition between Asian and European refiners seeking supply to replace Middle Eastern oil flows disrupted by the Iran war (Source [1]).

Source

US crude premiums climb to record levels as Asia, Europe compete for supply - Oil & Gas 360

oilandgas360.com

Related Moves

Will WTI Crude Oil (WTI) hit (HIGH) $120 in April?-6 pts84% → 79%Will Crude Oil (CL) hit (HIGH) $150 by end of June?-6 pts28% → 22%Will WTI Crude Oil (WTI) hit (HIGH) $160 in April?-5 pts14% → 9%

Get moves like this in your inbox every morning at 7am ET.

Subscribe to the daily digest