Oil Futures Edge Lower on Likely Technical Correction

Core Viewpoint - Oil futures experienced a slight decline in the morning Asian session, likely due to a technical correction following a significant increase of 2.6% in WTI and Brent crude oil futures on Monday [1] Group 1 - WTI and Brent crude oil futures settled 2.6% higher on Monday [1] - The decline in oil futures during the Asian session is attributed to a probable technical correction [1]