Oil prices are stabilizing amid decreasing geopolitical risks. The direct involvement of the U.S. in the conflict between Israel and Iran caused concern among investors for the safety of the Strait of Hormuz. However, now the market has stabilized and quotes have found support in the area: $64-67. The next area of support can be found by the market in the range: $60-62. In case of renewed growth, the activity of sellers may resume near the range: $73-75.Now investors are waiting for data on oil and fuel reserves in the U.S., which should be published on Wednesday, as well as the speech of the Head of the Fed.