Crude Oil all time high by April 30?

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    "context_description": "Trader consensus on Polymarket assigns a 97.6% implied probability to \"No\" for crude oil reaching its all-time high by April 30, driven by West Texas Intermediate (WTI) spot prices hovering around $93 per barrel—roughly 37% below the 2008 nominal peak of $147—following a 12% rally over the past week amid escalating Strait of Hormuz tensions and record U.S. petroleum exports exceeding 12.7 million barrels per day. Abundant OECD inventories, surging American supply as a global shock absorber, and bearish forecasts from EIA ($96/bbl 2026 average) and J.P. Morgan ($60/bbl Brent) reinforce this positioning, with futures curves pointing to sub-$90 levels post-April. Tail risks include a full Hormuz blockade or broader Middle East conflict sparking supply disruptions, though proximity to resolution limits time for such shifts.",
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