WTI Crude Oil futures faced an intraday reversal, pulling back from early highs of $96.54 to trade near unchanged around $92.35. The session opened with a bid driven by rising Middle East tensions over the weekend, but the tone shifted following reports of potential discussions between the U.S. and Iran. Prices remain range-bound above the $90 handle. Natural Gas futures also experienced a pullback, dropping 8% from last week's three-month highs as selling pressure moves prices back toward the $3 mark.
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