Futures Trading Surges on NYMEX: Crude Oil Leads

Energy futures on the New York Mercantile Exchange saw significant activity this Wednesday, with crude oil leading the pack at two hundred forty-eight thousand contracts. Natural gas and gasoline also saw notable trades, while heating oil rounded out the day with the second-highest volume. Despite declining open interest, traders are closely watching these volume spikes, indicating strong interest amid volatile global energy markets. As the week concludes, keep an eye on how these trends carry into Thursdays session, as energy futures remain a key indicator of global supply concerns.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.