WTI Crude Oil futures traded higher after reaching a four-month low in the previous session, gaining about 1.25% to the $59.65 level. The market is holding below the $60 handle as selling pressure has persisted over the last several weeks. Optimism regarding global trade appears to be a driving factor, with sentiment shifting from weak to strong. The positive shift is also benefiting metals and equities, helping to support WTI Crude Oil futures and negate some of the recent selling pressure. Natural Gas futures, however, traded slightly lower today.
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