Core Insights - Oil prices are experiencing a decline due to concerns over a potential supply surplus and ongoing scrutiny of Russian oil flows [1][2] Group 1: Oil Market Dynamics - Brent crude oil prices decreased by 0.4% to $63.91 per barrel, while WTI crude oil prices fell by 0.5% to $59.57 per barrel [1] - Analyst Nadir Belbarka noted that oil prices are influenced by geopolitical instability and structural supply expansion [2]