Crude oil futures saw a minor retreat today, trading slightly lower after a period of upward momentum. Several factors contributed to the price easing, including profit-taking by investors who capitalized on recent gains.

Concerns surrounding global demand also played a role in the price decline. Economic data releases from major economies are being closely watched for signals about future energy consumption. Weaker-than-expected figures could put further downward pressure on prices.

Market analysts suggest that volatility is likely to persist in the near term, influenced by geopolitical factors and inventory data. Traders are advised to remain cautious and monitor market developments closely.