Energy Tick Down as Oil Futures Test Recent Highs -- Energy Roundup

AI Briefing

• – Oil futures decline, reaching a 2-month low, as investors worry about a potential supply surge.
• – The US Energy Information Administration reported a larger-than-expected increase in crude inventories, boosting bearish sentiment.
• – Brent crude futures have also dropped to a 2-month low, amid concerns about a potential global supply glut.