WTI crude closed near $77 on Aug 7. Will it close above $82 a barrel before Aug 21?
50% of users predicted YES — the community got this one right. 2 predictions cast.
WTI crude closed above $82 a barrel before August 21, 2026, after trading near $77 on August 7. Prices climbed back above $82 by August 10 amid growing doubt that Washington and Tehran would reach a deal over the Strait of Hormuz, and crude continued rising through mid-August on tight U.S. inventories and persistent Middle East shipping risk. By August 20, WTI futures had opened near $85.76, sharply above the early-August level, as the 60-day U.S.-Iran negotiation deadline expired without an agreement and President Trump threatened Oman over stalled Strait of Hormuz talks. The rally reflected concern that continued disruption to the Hormuz corridor, through which roughly a fifth of global oil supply moves, could tighten global supply further. The two community votes on this question split evenly between YES and NO, so there was no majority prediction to compare against the outcome.