December WTI Crude Oil futures rose for a third consecutive session, extending a rally that began on November 6th. The market is now approximately 1% away from testing its 200-day moving average. Traders are awaiting the OPEC's monthly report, due tomorrow, which is expected to indicate a modest production increase for December followed by a pause in production hikes for the first quarter of 2026, intended to manage rising inventories and prevent oversupply. Geopolitical risks and uncertain demand mean that any surprise deviation in the report could quickly move the oil markets. Additionally, a potential end to the government shutdown would lead to the release of delayed economic reports. A stronger U.S. economy might push Crude Oil futures higher. The OPEC report is likely to have a greater immediate effect on prices than the government reopening, but the market must monitor the data dissemination process.