WTI Crude Oil and Natural gas futures traded near multi-month highs.

WTI Crude Oil futures reached a four-month high as market participants monitored geopolitical developments in the Middle East and a weaker dollar. Prices traded as high as 63.52 per barrel following a 3% gain in previous sessions. Domestic inventory data showed a decrease in crude stocks to 423 million barrels, with Cushing inventories falling to 24.78 million barrels. In the Natural gas futures market, March contracts experienced significant volatility following a record rally driven by extreme winter weather and supply disruptions. While heating demand reached record levels in major population centers, updated forecasts suggest milder conditions in the coming weeks.