Crude oil prices fell to USD 68.1/barrel amid concerns over increased supply from Russia and efforts to end the Russia-Ukraine war. U.S. and Russian officials were scheduled for talks, aiming to negotiate a ceasefire and reduce violence. Additionally, OPEC+ plans to increase production by 138,000 barrels per day starting next month. Market sentiment was further weighed down by concerns over U.S. trade policies and sanctions on Iran, which could impact oil market dynamics.