Polymarket predicts WTI crude oil will break below $90 in April, with the probability rising to 89%, up 35% over the past 24 hours

Gate News, April 8, Polymarket’s “WTI crude oil will fall to $90 by April 2026” prediction probability has risen sharply, now up to 89%, with a 24-hour increase of 35%. As of now, the event contract’s total trading volume has already exceeded $16.86M.

The contract rules are: If, during April 2026, any 1-minute candlestick (“high price”) of the WTI crude oil (West Texas Intermediate crude oil, one of the international benchmark oil prices) active-month futures contract is equal to or higher than the listed price, then the market will be determined as “Yes”; otherwise, it will be determined as “No.” Previously, the rules for the March price prediction contract were: On any trading day, if the official settlement price of the current active-month (front-month) Chicago Mercantile Exchange crude oil futures contract is equal to or higher than the listed price as of the last trading day of March 2026, then it will be determined as “Yes”; otherwise, it will be determined as “No.”

According to Gate data, the current WTI crude oil price is $92.68, down 16.01% over the past 24 hours.

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