Energy markets are showing some recovery momentum, but don't expect a dramatic turnaround anytime soon. Despite recent upward movement, crude oil is still trading in a range that hasn't been seen in half a decade. For the rest of this year, we might be stuck in this subdued pricing environment—not exactly bullish, but not catastrophic either. The broader implication? When energy costs stay depressed, it affects everything from transportation fees to industrial production costs, which ripples across multiple asset classes. Traders watching macro cycles should keep tabs on oil's trajectory, as it often signals shifts in inflation expectations and overall economic momentum.