WTI Crude Oil futures traded lower as market participants weighed a projected 2 million barrel per day surplus against geopolitical developments in the Middle East. Analysts noted rising U.S. production and increasing total crude stocks, which rose by 5.45 million barrels. Meanwhile, Henry Hub Natural Gas futures faced downward pressure as milder spring temperatures reduced heating demand and production remained near record highs. Traders also looked ahead to the upcoming OPEC+ production decision and its potential impact on energy markets.
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