WTI Crude Oil futures finished the session slightly lower at $61.50 but rallied significantly on the week, moving up about 8% from last Friday's lows. The contract has seen a big move higher in a short amount of time, retracing 50% of a prior $10 move lower that occurred over three weeks. Volatility, as seen in the CME Group's CVOL index, was higher with prices and was up on the week overall, despite a slight drop on Friday. Looking ahead, the focus will remain on trade talks and rising geopolitical risks, both of which could affect Oil futures prices. Additionally, the market will focus on the Federal Open Market Committee (FOMC) meeting next Wednesday, where a 25 basis point rate cut is widely expected by market participants.