This market directly tracks Crude Oil prices, serving as a direct hedge for energy portfolios (Score 5). Significant oil price movements typically impact inflation expectations, thereby affecting US 10Y Yields, and act as a macro cost factor that can cause minor to moderate inverse movements or sector divergence in the S&P 500.

April 30, 2026 - May 2, 2026, the price of [↑ $115] dropped from 77.55c to 66.05c, and [↑ $120] dropped from 64.5c to 53.5c, as extreme bullish sentiment cooled off after a short-term rally, with the market seeing technical profit-taking and a temporary unwinding of geopolitical premiums. April 28, 2026 - May 1, 2026, the price of [↑ $115] surged significantly from 53.4c to 73.45c, [↑ $120] spiked from 47.5c to 58.5c, and [↑ $130] rose from 30c to 41.5c. This is likely due to a renewed severe deterioration in geopolitical situations or sudden major supply shocks, causing the market to become extremely bullish on crude oil and frantically price in upside risks in the short term. April 25, 2026 - April 27, 2026, the price of [↑ $120] rebounded from 36.5c to 44c, driven by persistent geopolitical concerns that kept bullish sentiment oscillating at high levels. April 22, 2026 - April 26, 2026, the price of [↑ $115] surged from 37.45c to 51.8c, experienced consolidation, and eventually climbed to 54.35c; [↑ $120] rose significantly from 27c to 44.5c; [↓ $80] plummeted from 73.5c to 60c. This was due to geopolitical tensions reigniting after a brief lull, causing the market to rapidly re-price upward breakout expectations, while downside expectations significantly weakened. April 22, 2026 - April 25, 2026, the price of [↑ $115] surged from 37.45c to 51.8c before retreating slightly to 46.4c, while [↓ $80] plummeted from 73.5c to 61c before bouncing back to 66c. This occurred because geopolitical tensions showed faint signs of easing after an extreme escalation, leading the market into short-term high-level technical consolidation and profit-taking after rapidly pricing in the upside breakout. April 21, 2026 - April 24, 2026, the price of [↑ $115] surged from 35.85c to 51.8c, and [↓ $80] plummeted from 76c to 61c, as geopolitical risk premiums continued to soar, strengthening market expectations for an upside breakout in spot crude oil and significantly weakening downside expectations. April 21, 2026 - April 23, 2026, the price of [↓ $80] plummeted from 76c to 64.5c, and [↑ $115] surged from 35.85c to 46c, as renewed geopolitical tensions or sudden supply concerns pushed the oil market back into an upward trajectory, significantly weakening downside expectations. April 20, 2026 - April 21, 2026, the price of [↑ $115] retreated from 42.1c to 35.85c, as short-term market concerns over geopolitical conflicts cooled, leading to a slight unwind of the crude oil upside risk premium. April 18, 2026 - April 20, 2026, the price of [↑ $115] rebounded sharply from 34.8c to 44.4c, and [↑ $130] rose from 17.5c to 25c, while [↓ $80] fell from 78c to 71.5c, as geopolitical concerns reignited, the spot market saw a short-term upward technical correction, and previously extreme bearish sentiment receded. April 17, 2026 - April 18, 2026, the price of [↓ $85] surged from 80c to 99.95c, as expectations of a rapid short-term decline in spot crude prices took hold, and the market almost fully priced in hitting the target below $85. April 16, 2026 - April 17, 2026, the price of [↑ $115] rebounded from 33.45c to 41.35c, and [↑ $120] from 25c to 30.5c, while [↓ $85] retreated from 86c to 80c. This was due to a technical oversold rebound in spot crude prices after the previous plunge, with short covering slightly repairing bullish sentiment. April 14, 2026 - April 16, 2026, the price of [↓ $80] surged from 54c to 70.5c, and [↑ $115] plummeted from 58.65c to 33.45c, as the collapse of crude oil bullish sentiment accelerated, further squeezing out geopolitical premiums and reinforcing market expectations of a sharp spot price decline. April 13, 2026 - April 15, 2026, the price of [↓ $80] surged from 47.5c to 70c, [↑ $115] plummeted from 70.75c to 48.95c, and [↑ $120] plummeted from 60c to 35.5c, as crude oil bullish sentiment cooled off rapidly and the fading geopolitical premium led to a sharp rise in spot bearish expectations. April 13, 2026 - April 14, 2026, the price of [↓ $80] rebounded from 47.5c to 54c, and [↑ $140] retreated significantly from 32.5c to 22.5c, as previous extreme bullish sentiment cooled and the market experienced a technical pullback after digesting geopolitical premiums. April 12, 2026 - April 13, 2026, the price of [↓ $80] plummeted from 59c to 47.5c, as bullish sentiment in crude oil continued to dominate the market and downside risk expectations weakened. April 11, 2026 - April 12, 2026, the price of [↑ $140] surged from 21.5c to 34.5c, as bullish sentiment erupted once again and market expectations for a spot upside breakout strengthened significantly after a brief consolidation. April 8, 2026 - April 11, 2026, after the downside panic eased, the crude oil market saw a slight bearish recovery. The price of [↓ $80] rebounded from 53c to 58c, and [↓ $70] from 26c to 32c; meanwhile, [↑ $115] retreated from 62.45c to 56.1c, as the spot market met resistance after a short-term rebound and bearish sentiment partially regained dominance. April 7, 2026 - April 8, 2026, the crude oil market experienced a violent reversal. The price of [↑ $115] plummeted from 91.5c to 50c, [↑ $120] crashed from 84.5c to 46.5c, while [↓ $80] surged from 48c to 70c, as the extreme bullish sentiment bubble burst, likely due to geopolitical cooling or spot pullbacks. April 5, 2026 - April 7, 2026, prices of various options maintained high-volatility fluctuations at elevated levels, indicating market consolidation at the highs without single-sided moves over 10c. April 1, 2026 - April 5, 2026, the price of [↑ $115] surged from 62.5c to 89c, and [↑ $120] from 47.5c to 78.5c, due to continued explosive bullish sentiment in crude oil. March 31, 2026 - April 1, 2026, [↑ $120] plummeted from 63.5c to 47.5c, while [↓ $85] surged from 63.5c to 68.5c due to profit-taking and spot market corrections after bullish sentiment peaked at the end of the month. March 28, 2026 - March 31, 2026, [↑ $110] surged from 69.5c to 86c driven by escalating geopolitical conflicts.