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On Polymarket, the probability of WTI crude oil breaking through $95/barrel in July has dropped to 53%, a 16% decrease in the last 24 hours.

2026-07-24 13:48:57
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PPP forecasting market tool monitoring shows that in Polymarket's "WTI Crude Oil Price July Hit Price" prediction event, the probability of WTI crude oil breaking through $95/barrel has dropped to 53%, a 16% decrease in the past 24 hours; the probability of breaking through $100/barrel has dropped to 27%, a 13% decrease in the past 24 hours. According to market news, due to escalating disruptions to Red Sea energy transport and concerns about further escalation of the war with Iran, oil prices are still expected to rise significantly this week, currently maintaining a 10% weekly gain. "Due to the continued US attacks on Iran, further Houthi involvement in the Red Sea, and the CPC pipeline disruption, crude oil supply is being squeezed again, inevitably leading to price increases," said analyst Janif Shah, adding that the current disruption in the Strait of Hormuz appears to be approaching the peak levels of March. Join the PPP signal push community to get ahead of the curve and seize opportunities.
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