WTI Crude Oil and Natural Gas futures rose.

WTI Crude Oil futures moved higher as geopolitical tensions in Russia and near Venezuela raised risks of potential supply disruptions. Support also came from recent Baker Hughes data showing U.S. oil rigs at a 4.25-year low, suggesting lower domestic production. In the options market, high volume was noted in near-term calls between 57.5 and 59.5. Natural Gas futures halted their recent decline, rising 3% to settle above $4. However, gains remain capped by record production and forecasts for above-average holiday temperatures, even as LNG export demand remains near record levels.