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Futures trading example a futures trading example from crude

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A futures trading example from crude oil illustrates geopolitical risk pricing: WTI May futures rallied 2.3% after Middle East tensions tightened supply forecasts. Technical charts indicate resistance near $86.50/barrel. A recent report from the automaker trade group Alliance for Automotive Innovation found that only one public charger is available for about every 30 EVs on the road. Example: A trader studies the historical price behavior for RBOB during May. The trader notes Gasoline futures tend to climb during May and looks at buying the June micro RBOB futures contract. Gold futures trading example: COMEX June contracts climbed $27 to $2,345/oz amid safe-haven demand following weak US retail sales. Risk-off sentiment is influencing portfolio hedging strategies.