PPP's market forecasting tool shows that in Polymarket's "WTI Crude Oil Price July Hit Price" prediction event, the market expects a 75% probability of WTI crude oil breaking through $85/barrel, a 32% probability of breaking through $90/barrel, and a 17% probability of breaking through $95/barrel. According to market rules, if the highest price (High) of any 1-minute candlestick chart of the WTI main contract touches or exceeds the corresponding target price during the July trading period, the event is considered "Yes." Previously, with the easing of US-Iran relations and rising expectations of the resumption of navigation in the Strait of Hormuz, market concerns about supply disruptions eased, and WTI crude oil prices quickly fell from the conflict's peak to around $70/barrel. However, recent renewed tensions between the US and Iran have reignited shipping risks in the Strait of Hormuz, causing the market to re-indulge in the risk of Middle East supply disruptions, driving a rebound in oil prices. Join the PPP signal push community to get ahead of the curve and seize opportunities.
Polymarket reports that the probability of WTI crude oil breaking through $85/barrel in July has risen to 75%.
2026-07-21 10:42:19
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