Cl futures increased geopolitical tensions in

Increased geopolitical tensions in Eastern Europe drove safe-haven buying across commodities, with CL futures outperforming metals. Risk premiums in crude pricing are likely to persist until diplomatic clarity emerges. As President Trump began his second term, he proclaimed in his inauguration speech that America would "drill, baby, drill," promising a boom in drilling and lower prices at the pump. The Dow Jones Industrial Average ( ^DJI ) dropped about 1%, while the S&P 500 ( ^GSPC ) fell around 1%. The tech-heavy Nasdaq Composite ( ^IXIC ) declined roughly 1.3%. A surprise EIA build of 1.1 million barrels pressured CL futures by 0.4%. Traders are evaluating whether this deviation from the prior drawdown trend signals a short-term correction or simply a data anomaly.