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Markets Polymarket July 1, 2026

WTI Crude Oil Surges Past $90 in June 2026

What will WTI Crude Oil (WTI) hit in June 2026?

Polymarket prices this ↓ $75 at 92%.

West Texas Intermediate crude oil futures closed above the $90 mark in June 2026. The decisive factor was a late-month rally, pushing prices past earlier forecasts. Many analysts had anticipated oversupply concerns would drive prices lower, with some projections even suggesting a return to $55. The market's favored outcome was a price decline, indicating the crowd missed this upward surge.

Background

Throughout the first half of 2026, oil prices experienced volatility, with forecasts for the latter half diverging significantly. Some reports indicated potential oversupply issues that could depress prices, while others pointed to geopolitical factors and demand shifts as drivers for price increases. The market's sentiment appeared to fluctuate, reflecting the uncertainty surrounding global oil production and consumption trends.

What the coverage agrees on

  • WTI Crude Oil futures experienced significant price movements in June 2026.
  • Some forecasts predicted prices would fall due to oversupply concerns.
  • Oil prices ended June at a level higher than many expected.

What to watch

The sustained price level above $90 will likely influence global energy markets and inflation outlooks for the remainder of 2026. Attention will now turn to whether OPEC+ nations will adjust production quotas and how demand from major economies will evolve.

The numbers behind this

Polymarket prices this ↓ $75 at 92%.

24h +40.1 pts 7d +72.1 pts

$5.1M traded · $560K in the last day · $774K resting liquidity · $1.4M open interest

Resolves on: This market will resolve to "Yes" if, at any point after market creation and during a trading session of June 2026, any 1-minute candle for the Active Month of WTI Crude Oil futures has a final "High" or "Low" price equal to or beyond (above for ↑ High Prices, below for ↓ Low Prices) the listed price. Otherwise, this m

Pricing Polymarket 92%

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Sources

Frequently asked questions

What will WTI Crude Oil (WTI) hit in June 2026?

Polymarket prices this ↓ $75 at 92%.

What do the sources agree on?

WTI Crude Oil futures experienced significant price movements in June 2026. Some forecasts predicted prices would fall due to oversupply concerns. Oil prices ended June at a level higher than many expected.

When does this market resolve?

This market resolves on: This market will resolve to "Yes" if, at any point after market creation and during a trading session of June 2026, any 1-minute candle for the Active Month of WTI Crude Oil futures has a final "High" or "Low" price equal to or beyond (above for ↑ High Prices, below for ↓ Low Prices) the listed price. Otherwise, this m

How are these odds set?

Prediction-market odds are prices set by people trading real money on the outcome, so the price reads as the crowd’s implied probability — not a guarantee or financial advice.

AI-written briefing grounded in 5 sources and the live market, edited by Samuel Jo. Odds are crowd probabilities, not advice — how this works.