In the energy quadrant, June WTI Crude Oil futures rallied for a second consecutive day, despite lower volume and an initial gap lower at the open. Prices reached a high of 91.45 before pulling back. Market volatility is heavily influenced by geopolitical tensions, with traders closely monitoring the U.S.-Iran negotiations in Pakistan ahead of tomorrow's ceasefire expiration. Significant sticking points remain, including frozen assets and nuclear programs. Furthermore, the macroeconomic outlook remains complex, with the IEA and EIA projecting 2026 global demand growth below 1 million barrels per day. Traders now look to tomorrow's EIA Petroleum Status Report for further supply condition clarity. Learn about trading futures and options at CME Group: https://www.cmegroup.com/markets/energy.html #WTICrude #OilMarkets #EnergyFutures