WTI Crude Oil futures reached a 1.5-year high. 3/5/26

WTI Crude Oil futures traded significantly higher, gaining about 8% to reach a more than 1.5-year high above the 80.00 level. The rally was driven by production and distribution disruptions in the Middle East, which have created significant buying pressure across global oil markets. WTI Crude Oil futures have seen strong price action this week, trading up 14.00 or 21% over the last four sessions. Other areas of the energy quadrant also saw notable increases, with Heating oil futures reaching a more than three-year high and RBOB Gasoline futures realizing gains. Natural Gas futures hovered around the 3.00 level, showing more moderate increases compared to the oil-based energy futures markets.

https://www.cmegroup.com/markets/energy.html

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