Watching crude with a closer eye on MGC's move

Been following the crude market pretty closely after the latest CPI print. There's a subtle shift in the central bank's tone that I think could either really light a fire under demand or, conversely, act as a slow drag depending on how the next couple of months play out with rates. It's not just about the headline numbers, but the nuances in the language. For example, looking at $MGC today hitting 273.05 after opening at 269.35, that's a decent move, and it's making me reconsider some of my assumptions for energy in general. I'm keeping an even closer eye on the demand side of the equation now, especially any indicators around industrial output or consumer spending, as that's where the real juice for crude is going to come from if these higher rates start to bite. Not making any drastic moves yet, but definitely sharpening the pencil on some of those longer-term forecasts for both WTI and Brent.