Polymarket has added a new market question: "Will crude oil prices break all-time highs by the end of March?"

According to PolyBeats , a new market has been added to the prediction market Polymarket: "Will crude oil prices break through the all-time high (i.e., $147.27) before the end of March?" The current probability for this option is 11%.

The historical high of $147.27 set by this market was reached nearly 20 years ago. In January 2007, the average international crude oil price was around $56 per barrel. Subsequently, driven by a surge in demand from emerging markets and a tightening of global supply, oil prices soared, reaching a historical high of $147.27 per barrel on July 11, 2008, setting a new nominal record.