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Polymarket Predicts 75% Probability WTI Crude Breaks $85/Barrel in July

Prediction Market Commodities

2026-07-21 11:01:52

POLYMARKET-0.87%

CL3.67%

According to PPP prediction market tool monitoring Polymarket, the market predicts a 75% probability that WTI crude oil will breach $85/barrel during July, with 32% odds for $90/barrel and 17% odds for $95/barrel. The prediction reflects rising market concerns over Middle East supply disruptions, as tensions between the U.S. and Iran have escalated and risks to Hormuz Strait transit have resurfaced. Under Polymarket rules, the event resolves "Yes" if any 1-minute candle of WTI futures contracts reaches or exceeds the target price during July trading.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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