Polymarket odds of “WTI crude oil to reach $100 by May 2026” fall to 1%, down 11% in 24 hours
Odaily Seer Prophecy Channel monitoring shows that the probability of "WTI crude oil will rise to $100 by May 2026" on Polymarket has dropped to 1%, a 24-hour decline of 11%.
As expectations of navigation through the Strait of Hormuz spread, international oil prices fell rapidly following news that the US and Iran have reached a preliminary consensus to extend the ceasefire arrangement by 60 days. Brent crude oil prices dipped to around $91 per barrel, with a cumulative decline of over 17% this month, on track for its largest single-month drop since 2020. Meanwhile, WTI crude oil prices hovered near $87 per barrel. However, details of the agreement remain uncertain, and Trump has not yet approved the relevant terms.
Odaily Seer Prophecy Channel continues to monitor the prediction market, seeing changes before pricing.
