West Texas Intermediate (WTI) crude edged lower on Monday, trading at $56.82 per barrel in early European hours, down from Friday’s close of $57.24. The move reflects modest selling pressure as traders remain cautious amid mixed market signals and a lack of major catalysts at the start of the week.
Meanwhile, Brent crude remained largely stable, hovering around $61.25 per barrel, close to Friday’s settlement. The muted price action suggests a quiet start to the week for global oil markets, with investors awaiting key economic data and geopolitical developments to influence direction.