Brent crude futures declined 0.42% to US$79.12 a barrel, while US WTI contracts dropped 0.56% in early trading.
The modest pullback in energy prices coincided with a stabilization in the foreign exchange market, where the US dollar halted its recent downward trajectory against the Peruvian sol.
The greenback opened slightly higher, trading at S/3.415.
This marks a reversal of the trend seen in recent sessions, where the dollar had been weakening against the Peruvian currency.
The shift suggests a brief pause in selling pressure on the US dollar within Latin American markets.
The currency movement comes on the final business day of Gustavo Petro’s government term in Colombia, adding a layer of regional political context to the market activity.