Polymarket puts odds of WTI crude hitting $100 this week at 34%

The price outlook for U.S. West Texas Intermediate (WTI) crude is declining as OPEC+ begins to increase production this month. Polymarket traders are now pricing in a 34% probability that WTI futures (CL) will surpass $100 per barrel in the first week of June, a drop of about 29 percentage points from yesterday. Meanwhile, the price of CLUSDT, an on-chain WTI crude perpetual futures contract, is currently trading at $95.02, up 3.05%, according to Aster.