Headline: Crude Oil Futures Surge, NYMX Tickers Up 1.000 bbl. @ $ per bbl. - 04 Feb 2026

[Para 1: The Lead] Crude oil futures prices surged on Wednesday, February 04, 2026, at 10:00 AM New York time. The NYMX (Light Sweet Crude) futures contract saw a significant increase, trading at $1.000 per barrel. This marks a notable upward movement in the market, impacting energy sector investors and global commodity traders. [Para 2-3: Supporting details & Context] The volume traded was 261,068 contracts, with Tuesday's volume being 1,044,169. Open interest stood at 2,125,398 contracts, showing a decrease of 34,126 contracts from the previous day. This indicates active trading and a shift in market sentiment towards higher oil prices, likely driven by geopolitical tensions and supply concerns.