Oil fell as U.S. President Joe Biden faced more calls to tap the Strategic Petroleum Reserve to tackle surging gasoline prices. West Texas Intermediate sank 0.8% after declining for three weeks, while Brent dropped. Senate Majority Leader Charles Schumer, a fellow Democrat, urged Biden at the weekend to release oil from the nation’s emergency reserves, saying consumers needed immediate relief at the gas pump. A top administration aide, Brian Deese, reiterated that “all options are on the table”.