WTI Crude Rises on Geopolitical Tensions 📈

WTI Crude Oil futures reversed previous declines as failed geopolitical breakthroughs pushed prices toward the 50-day moving average near 58.90. Despite the daily gain, oil remains on track for its fifth monthly drop amid concerns of a global glut and delayed EIA data. Meanwhile, Natural Gas futures gapped lower to test support at 3.85 before recovering above the $4 mark as traders weigh warmer weather trends against recent technical support levels.

Learn More About Trading Futures and Options at CME Group: https://www.cmegroup.com/markets/energy.html

#oil #naturalgas #futures