ET 10:25

Headline: Crude Oil Futures Surge, NYMX Tickers Up 1000 bbl. @ $ per bbl. - 03 Feb 2026

[Para 1: The Lead] Crude oil futures prices surged on Tuesday, February 03, 2026, at 10:00 AM, with the NYMX (Light Sweet Crude) futures ticking up by 1000 barrels at $ per barrel. This marks a significant increase in market volatility and demand, reflecting global economic recovery and geopolitical tensions affecting oil supplies. [Para 2-3: Supporting details & Context] According to the latest data, the estimated volume for today stands at 292,498 contracts, with Monday's volume reaching 1,044,169 contracts. The open interest, a key indicator of market sentiment, decreased by 44,829 contracts. The NYMX futures are critical for investors tracking global energy markets and their impact on the economy and financial sectors.

EditorTan Wei Jie