WTI Crude Oil futures trended higher on Friday, reaching the top end of a range not seen since July 2022. Dan Deming of KKM Financial breaks down the primary drivers behind the rally, including persistent shipping and production uncertainties in the Middle East and the Strait of Hormuz. The market also experienced a "weekend effect," where participants maintained elevated prices due to uncertainty heading into the break. While crude oil showed strength, natural gas futures acted as an outlier, falling more than 3% during the session to trade near the 3.06 level.