Oil futures showed solid momentum in recent trading, closing the session at $60.34 per barrel with a noteworthy gain of $0.90, representing a 1.51% increase. While energy commodities operate in their own realm, movements like these often serve as a gauge for broader market sentiment and inflation expectations. Traders in the crypto space frequently monitor traditional commodity trends, since energy prices can influence macroeconomic decisions and capital flows across asset classes. The uptick in crude reflects continued demand dynamics and shifting supply calculations in global energy markets.