Oil prices fell during trading on Tuesday, against the backdrop of the increase in the supply of crude and anticipation of the developments of the Ukrainian-Russian crisis.
According to Bloomberg, Citigroup warned that oil prices could rise 10% if Russia carried out a military attack on Ukraine.
Despite the US warning that Russia might carry out an imminent invasion of Ukraine, Moscow called for a diplomatic approach, and again denied any plans to carry out an attack on Kiev.
In terms of today's trading, Brent crude futures for April delivery fell by 0.52% to $95.98 a barrel.
The US NYMEX crude contracts for March delivery also fell by 0.6% at the level of $94.89 a barrel.