WTI Crude Oil futures traded below $57 handle.

WTI Crude Oil futures traded lower for a third consecutive session, reaching a one-week low of $56.80. While prices saw an intraday low of $56.60, downward pressure persisted as initial concerns regarding Middle East supply disruptions faded. Market participants focused on longer-term global oversupply themes, which maintained the series of lower highs and lower lows in the market. In other energy markets, natural gas remained slightly lower, trading near its December and two-month lows, though showing more stability compared to previous sessions.