Polymarket Predicts WTI Crude Oil Price Drop by 2026

Polymarket's prediction market indicates an 81% probability that WTI crude oil will fall to $95 by May 2026, according to Odaily. This marks an 8% increase over the past 24 hours. The contract stipulates that if the highest price of any one-minute candlestick for WTI crude oil futures during May 2026 equals or exceeds the listed price, the market will be deemed 'yes'; otherwise, it will be 'no'. Prices will be based on Pyth's published figures without rounding. Previously, a March WTI crude oil price prediction contract stated that if the official settlement price of the current active month on any trading day at the Chicago Mercantile Exchange equals or exceeds the listed price by the last trading day of March 2026, the market will be 'yes'; otherwise, 'no'. U.S. President Donald Trump has pledged to secure the Strait of Hormuz and announced the launch of 'Project Freedom', which will assist ships in leaving the Strait and engage in negotiations with Iran starting this week. The U.S. Central Command has also declared support for 'Project Freedom', aiming to restore commercial shipping freedom through the Strait of Hormuz, providing assistance to merchant ships seeking free passage through this critical international trade corridor.