Doha: Crude oil prices held steady on Tuesday following three consecutive days of declines, as traders weighed concerns over potential oversupply and geopolitical risks affecting Russian crude exports. Brent crude futures remained unchanged at $68.76 per barrel, while US West Texas Intermediate (WTI) slightly decreased by 0.03% to $66.27 per barrel in early trading.

According to Qatar News Agency, both benchmarks had fallen by more than 1% in the previous session, marking their lowest levels in a week. The recent weakness in prices is largely attributed to mounting fears that the global oil market may be heading toward an oversupply scenario, particularly in light of OPEC+'s latest production decision.