Crude Oil all time high by March 31?
Market Description
This market will resolve to "Yes" if, on any trading day, the official daily high price published by the CME Group for the Active Month (front month) of CME Crude Oil (CL) futures is greater than $147.27 by the final trading day of March 2026. Otherwise, this market will resolve to "No". For CME Crude Oil (CL) futures contracts, the active month is the nearest of the contract months listed. The active month becomes a non-active month effective two business days prior to the spot month expiration. For example, if the spot month expires on a Friday the next listed contract will be considered the Active Month on the Wednesday prior to the spot month expiration. This market will resolve as soon as a high price greater than the listed value is published, or once finalized data for the final trading day of March 2026 is published and a high price greater than $147.27 has not been achieved. The resolution source for this market is the CME Group website (https://www.cmegroup.com/markets/energy/crude-oil/light-sweet-crude.quotes.html) — specifically, the daily "High" prices for the Active Month of Crude Oil (CL) futures.
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The Indian rupee is set to hold near its all-time low on Monday, pressured by concerns that the intensifying Iran conflict could keep crude prices higher for longer and sustain importer dollar...
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Crude oil prices hit a record high following disruptions in global energy supplies due to the West Asia crisis. On the Multi Commodity Exchange, crude oil for March delivery surged 26.13%, reaching Rs 10,549 per barrel. Internationally, prices rose above USD 100 per barrel for the first time since 2022.
The crude oil prices have crossed over $100 a barrel, hitting a 52-week high, for the first time since oil market crisis in 2022.
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Japan’s Nikkei 225 tumbled 6.22% and fell below the 53,000 mark for the first time since February 6, while the Topix declined 5.27%. South Korea’s Kospi cracked 6.68%.
The Indian Rupee reached a record low of 92.16 against the US dollar as crude oil prices rose and global tensions escalated. Domestic equity markets saw significant selling and foreign funds were withdrawn, leading to the Rupee’s decline. Experts believe that high oil prices, inflation concerns, and fiscal pressure are responsible for the Rupee’s weakness. | financialexpress.com