West Texas Intermediate (WTI) crude edges lower in early European trading on Tuesday, with prices slipping to $59.34 per barrel, down from Monday’s close of $59.71. The move reflects renewed selling pressure as market sentiment turns cautious.
Brent crude is also retreating, trading at $63.38 per barrel compared with Monday’s closing level of $63.75. The broader weakness across the oil complex highlights persistent concerns over demand recovery and global supply dynamics.