Brent crude futures fell 68 US cents, or 1.0 per cent, to settle at US$65.35 a barrel,. Brent crude futures fell 68 US cents, or 1.0 per cent, to settle at US$65.35 a barrel, while US West Texas Intermediate (WTI) crude fell 59 US cents, or 0.9 per cent, to settle at US$61.78. However, Opec wrote on X that media reports of plans to raise output by 500,000 bpd were misleading. An Opec+ panel stressed the need for achieving full compliance with oil output agreements and extra output cuts that some members are required to make to compensate for earlier exceeding quotas at a meeting on Wednesday, Opec said. Focus was also shifting to the supply and export disruption in Russia due to Ukrainian assaults, PVM Oil Associates’ analyst Tamas Varga said.