WTI Crude Oil futures started the week with a significant reversal, dropping to 56.30 before rallying to close near 58.40. This price action was driven by shifting geopolitical tensions and fluctuations in the U.S. dollar. While volatility continues to trend higher across most asset classes, CFTC positioning data reveals a historic shift in sentiment. Speculator net longs remained nearly unchanged week-over-week but have fallen to their lowest levels in almost 15 years.