Crude Oil all time high by...?
$1.8M Vol.Closes Dec 31, 2026
December 31$455.8K Vol.17%
September 30$588K Vol.7%
The question is whether CME Crude Oil (CL) futures will exceed the all-time high price of $147.27 before either September 30 or December 31, 2026.
The market tracks the price of the front-month CME Crude Oil (CL) futures contract, which is influenced by global oil producers, major consumers, and geopolitical events.
The current WTI futures price is approximately $83.85, significantly below the $147.27 threshold required to set a new all-time high.
investing.comA breach of $147.27 would signal a massive energy cost shock, potentially triggering global inflation spikes and economic contraction.
Note: The all-time high threshold of $147.27 refers to the official daily high price published by the CME Group for the Active Month of CME Crude Oil (CL) futures, a level not reached since the 2008 peak.
Crude oil and gasoline prices rallied sharply, with crude posting a 5-week high and gasoline posting a 2-month high.
barchart.comThe current price of Crude Oil WTI futures is $83.85, up from a previous close of $81.78.
investing.comThe 52-week high for Light, Sweet Crude Oil Futures is $119.48, while the 52-week low is $54.89.
stocktwits.comAI-generated briefing. AI can make mistakes. This is not financial advice.
Geopolitical instability in major oil-producing regions can disrupt supply chains and drive prices upward, as seen in previous market reactions to conflict.
streetspread.comA sharp rally in crude prices to a 5-week high within days of mid-July suggests increasing market momentum and potential for further upside if demand remains strong.
barchart.comThe 52-week high of $119.48 indicates that prices have already recovered significantly from lows, narrowing the gap to the $147.27 target compared to deeper downturns.
stocktwits.comAI-generated briefing. AI can make mistakes. This is not financial advice.
The current price of $83.85 is roughly 43% below the $147.27 all-time high, requiring an unprecedented and sustained surge to close the gap in under five months.
investing.comThe market prices the September 30 outcome at only an 8% implied probability, reflecting expert skepticism that the threshold will be breached so soon.
streetspread.comThe 52-week low of $54.89 demonstrates that oil prices remain volatile and susceptible to downturns, making a rapid climb to record highs less certain.
stocktwits.comAI-generated briefing. AI can make mistakes. This is not financial advice.