International crude oil future prices fall over 2% on EU's mixed opinions to resist Russia's oil

Due to easing supply concerns and the EU's mixed opinions on banning Russian oil, oil prices tumbled by more than 2%. Among them, the WTI crude oil fell by 2.3%, and Brent crude oil fell by 2.1%.

In addition, the head of the International Energy Agency (IEA) said at a ministerial meeting this week that if the EU countries agreed, it would not rule out another release of the Strategic Petroleum Reserve (SPR) to stabilize the market.